2 Michael Street, Peel, IM5 1HA

£125,000

Key Features

REDUCED TO £125,000 NO VAT
  • A rare opportunity to acquire ground floor and basement retail space in a highly prominent corner location in the heart of Peel.
  • The property provides maximum visibility from the two main retail streets.
  • Open plan retail areas to Ground Floor and Basement with Kitchen and WC.
  • Very close proximity to public car park off Douglas Street.
  • Property owned on a Long-Term Leasehold.
  • The property currently has a tenant until February 2026 paying a rent of £11,700 pa.

Overview

DESCRIPTION
Situated in the heart of Peel’s active high street, this exceptional ground floor and basement retail space, enjoys a prominent corner position with expansive glass frontage onto both Michael Street and Douglas Street.

Ample natural light floods the interior to the ground floor, creating an inviting atmosphere for customers. The open plan floor allows for a variety of layout options, catering for all manner of different types of business.

LOCATION
Walking along Michael Street high street with Paradise & Gell on the left-hand side, continue to the end of the road where the property can be found on the left, turning onto Douglas Street.

ACCOMMODATION
Ground Floor – Approximately 526 sq ft
• Open Plan Shop – Approx 470 sq ft
• Kitchen – Approx 41 sq ft
• WC – Approx 15 sq ft
Basement Floor – Approximately 320 sq ft
Open Plan Area

At a Glance

  • Price
    £125,000
  • Status
    Available
  • Tenure
    Leasehold
  • Type
    Retail
  • Area (sq.ft)
    846

Contact the Agent

Contact the Agent

Sharon Gelling

sharon@blackgracecowley.com

01624 645550

Key Features

REDUCED TO £125,000 NO VAT
  • A rare opportunity to acquire ground floor and basement retail space in a highly prominent corner location in the heart of Peel.
  • The property provides maximum visibility from the two main retail streets.
  • Open plan retail areas to Ground Floor and Basement with Kitchen and WC.
  • Very close proximity to public car park off Douglas Street.
  • Property owned on a Long-Term Leasehold.
  • The property currently has a tenant until February 2026 paying a rent of £11,700 pa.

Recently Viewed Properties

2 Michael Street, Peel, IM5 1HA

£125,000

  • Tenure
    Leasehold
  • Type
    Retail
  • Status
    Available
  • Area (sq.ft)
    846