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Waterloo Rd 4,782 SF 100% Leased Office Building Isle Of Man IM8 1GB $1,189,392 ($248.72/SF)



Investment Highlights
- A prime mixed-use investment or development opportunity in Ramsey.
- Planning consent in principle was previously granted for a scheme of five townhouses on the former filling station, showroom and Old Dairy site.
- The sale includes a collection of buildings with existing income and future development potential.
Executive Summary
Format text
180 words
A Prime Development Opportunity and Office Property in Ramsey
Ramsey, one of the Island’s most desirable coastal towns. Situated on Waterloo Road, the site occupies a prominent position within easy reach of the town centre, harbour, and local amenities.
Lough House
A characterful listed vacant office building arranged over basement, ground, and first floors, with a variety of private offices and meeting spaces. Parking is provided at the side of the property. Lough House may have potential for alternative uses, subject to consents.
Former Filling Station
A prominent former filling station site, currently leased as a car wash.
Showroom
A versatile former showroom premises providing open-plan accommodation, currently leased as a boxing gym.
Old Dairy
A distinctive former dairy building providing open-plan accommodation, currently leased as a funeral directors. Please contact us to obtain specific lease information.
Previous Planning Consent
Planning consent in principle was previously granted for a scheme of 5 townhouses on the former filling station, showroom, and Old Dairy site.
The sale price for all of the properties is £875,000.
Viewing
By arrangement with Chapman and Co.
180 words
A Prime Development Opportunity and Office Property in Ramsey
Ramsey, one of the Island’s most desirable coastal towns. Situated on Waterloo Road, the site occupies a prominent position within easy reach of the town centre, harbour, and local amenities.
Lough House
A characterful listed vacant office building arranged over basement, ground, and first floors, with a variety of private offices and meeting spaces. Parking is provided at the side of the property. Lough House may have potential for alternative uses, subject to consents.
Former Filling Station
A prominent former filling station site, currently leased as a car wash.
Showroom
A versatile former showroom premises providing open-plan accommodation, currently leased as a boxing gym.
Old Dairy
A distinctive former dairy building providing open-plan accommodation, currently leased as a funeral directors. Please contact us to obtain specific lease information.
Previous Planning Consent
Planning consent in principle was previously granted for a scheme of 5 townhouses on the former filling station, showroom, and Old Dairy site.
The sale price for all of the properties is £875,000.
Viewing
By arrangement with Chapman and Co.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Building Size
4,782 SF
Building Class
C
Year Built
1850
Price
$1,189,392
Price Per SF
$248.72
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,391 SF
Building FAR
0.17
Lot Size
0.65 AC
Parking
3 Spaces (0.63 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
- Secure Storage
- Smoke Detector
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Waterloo Rd
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