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Villa Marina Arcade Harris Promenade 2,149 SF of Retail Space Available in Douglas IM1 2HP
Highlights
- Former restaurant to lease in in one of Douglas’s most characterful architectural settings.
- Potential for other uses.
- A promenade location, attractive architectural surroundings, proximity to Douglas town centre’s retail and business district
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste Unit 5 | 2,149 SF | Negotiable | $18.94 /SF/YR $1.58 /SF/MO $40,706 /YR $3,392 /MO | TBD |
Ground, Ste Unit 5
The property was most recently used as a restaurant but has potential for other uses, subject to planning. The property is available for a period of years, to be agreed by negotiation, on effective full repairing and insuring terms with three yearly rent reviews. The property is available at a commencing rent of £30,000 pa, which is exclusive of rates, and any other outgoings. Incentives such as a rent free period are available. By arrangement with Chapman and Co. Please contact our office to arrange an appointment.
- Use Class: E
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Secure Storage
- Common Parts WC Facilities
- Smoke Detector
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 2,149 SF | Year Built | 1931 |
| Property Type | Retail | Parking Ratio | 2.93/1,000 SF |
| Gross Leasable Area | 15,000 SF |
| Total Space Available | 2,149 SF |
| Property Type | Retail |
| Gross Leasable Area | 15,000 SF |
| Year Built | 1931 |
| Parking Ratio | 2.93/1,000 SF |
About the Property
These premises benefit from a unique location in one of Douglas’s most characterful architectural settings. The arcade forms part of the wider Villa Marina complex on Harris Promenade, overlooking Douglas Bay and adjacent to the Gaiety Theatre. Designed in an elegant Art Deco style and originally opened in the 1930s, the arcade provides a distinctive covered area linking the seafront with the Villa Marina gardens. The arcade attracts visitors attending events, concerts, and performances at the Villa Marina complex and neighbouring theatre. Occupiers benefit from a promenade location, attractive architectural surroundings, proximity to Douglas town centre’s retail and business district, and direct access to the Villa Marina gardens. The property was most recently used as a restaurant but has potential for other uses, subject to planning.
- Security System
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Presented by
Villa Marina Arcade | Harris Promenade
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