for more information contact
01624 621337
info@lowey.co.im

7 REGENT STREET

Classification: commercial

Property Type: RESTAURANT

Location: DOUGLAS

Floor Space: 2584 square feet

Reference Number: 4506

£28,000 PER ANNUM

Description

A newly refurbished restaurant located near the busiest part of the retail shopping area in Douglas.  Located approximately 200’ from Marks & Spencer and other top name shops.  The restaurant is first floor split level with main bar on the first level and raised dining area including lobby and gents toilets of approximately 1641.27 square feet.  Steps to mezzanine floor of around 943.28 square feet with dining areas and ladies toilets giving a total area of around 2,584.55 square feet.  Suitable for private parties the area in front of the bar has a dance floor.  Only 50’ from the promenade, there is ample car parking in the immediate area together with a multi storey car park above Marks & Spencer.  The rent is £28,000 per annum payable in quarterly payments on the 12th February, 12th May, 12th August and 12th November.  A 9 year lease is on offer with rent reviews every third anniversary.

Details

TO BE LEASED      A traditionally Manx stone built commercial 2 storey building with a flying freehold over shops with new fibre glassed roof and mains services connected.  New wiring and fire regulations installed.  New boiler supplying gas fired central heating.

TENANTS REQUIREMENTS   Tenants are responsible for the General and Water Rates and contribute towards the annual Landlord’s property insurance.  References are required.  The cost of the lease to be borne by the tenant at £350.00 plus VAT.  The tenant must confirm and provide proof of adequate content and public liability insurance.

FRONT ENTRANCE            Front door opening on to entrance foyer and wide carpeted staircase (concrete) to first floor lobby (Approx 8’8 x 7’10)  Double doors to reception area.

GENTLEMANS TOILETS   (By first floor entrance lobby) Approx 12’8 x 6’10.   3 Urinals, 2 WCs and wash basins in white, vinyl to floor.

REAR STAIRS         New rear stairs off reception area with access to fire lobby and fire escape.

RECEPTION AREA     Reception seating area, Licensed Bar and dance floor (multi-functional).  Chairs and tables around reception area.

GROSS FIRST FLOOR AREA   (Approx 46’08 x 35’05 / 1,641.27 sq ft). Modern dance floor, power points and lighting.  Fitted bar.

KITCHEN/UTILITY ROOM       (Approx 9’6 x 7’4) Fire door to rear lobby. Newly enlarged kitchen area, requiring fitting out with kitchen equipment.

STEPS TO MEZZANINE FLOOR   (Approx 35’07 x 13’5) Short flight of stairs to 2 galleries (Approx 24’2 x 7’9) with dining areas. Rear of second floor (Approx 25’x13’6) power points.

LADIES TOILETS   (Approx 10’8 x 8’10)  3 modern wc’s and 2 wash basins.

FIRST FLOOR REAR FIRE LOBBY (At side of Bar)        (Approx 8’ x 3’10) Door to drop down weighted canter lever fire escape.

 

 

 

 

Additional Photos

Click on one of the images below to see a larger version

Property Enquiry