Commercial Opportunities

 

Leasing / Vacant Units


The Strand is the leading shopping centre on the Isle of Man located in the heart of Douglas. The centre has an average weekly footfall of around 30,000 people rising to over 70,000 people over the Christmas period.

The centre is currently undergoing an ongoing refurbishment programme. The centre is home to some of the leading retailers on the high street including HMV, Mothercare, The Card Factory, Miss Selfridge and Millets.

The following units are currently available for lease:  

 

UNIT 12  - £40,000 PA - 1,699 Square Feet

Unit-12.jpg

Located on the first floor this unit is located by the Market Street entrance and opposite the lift - adjacent to Millets.

RETAIL AREA – 1699 sq ft

RENT: £40,000 p.a. net

RATEABLE VALUE: £956

RATES PAYABLE: £5420 approx.
Additional storage to the upper floor of approx. 400 sq ft is available by separate negotiation.

SERVICES:
Mains services are connected.

LEASE TERMS:
A new lease based on full repairing and insuring terms is sought, with a preferred term of 10 years subject to three yearly upward only rent reviews.

RENT:
£40,000 per annum net exclusive of VAT.

SERVICE CHARGE:
Approximately £10 per sq ft overall exclusive of VAT.

LEGAL COSTS:
The incoming tenant is responsible for all the legal costs incurred in the transaction.

REFERENCES:
The usual landlord and financial references will be required. Where a letting is to a Limited Company, director’s guarantees will be required.

VIEWING:
Strictly by prior appointment through the Agents, Chrystals
Commercial.

NEGOTIATIONS:
All negotiations to be conducted through the Agents, Chrystals
Commercial.

POSSESSION:
Vacant possession on completion of legal formalities.

UNIT 5 - £30,000 PA - 492 Square Feet
Unit-5.jpg
 
492 square feet
 
A prominent ground floor position in between Early Learning Centre and Mothercare. Other occupiers within the centre include Millets, HMV and the MEA.

Unit 2 - £25,000 PA - 680 Square Feet
unit-2.jpg
 
A prominent ground floor position located between HMV and The Card Factory. Other occupiers within the centre include Millets, MEA and The Early Learning Centre
 
 
UNIT 6 - £48,750  - 1,370 Square Feet
 
Early_Learning_Centre_001.jpg
 
 
UNIT 1  - £56,000 PA  - 760 Square Feet
 
Unit-1A-Strand-Shopping-Centre-Douglas_001.jpg
 
 
Viewing is strictly by appointment through CHRYSTALS
Please inform us if you are unable to keep appointments.

 

To arrange a viewing call Chrystals Commercial on 01624 625100.

David Watson - MRICS, Director
31 Victoria Street, Douglas, Isle of Man
T: 01624 625100
F: 01624 623284
E:
David.Watson@chrystals.co.im

 

For more information on any of these units please contact John Shakespeare - Centre Manager on 01624 662411 or email john@thestrand.co.im or our agents