Substantial Town House Just off Douglas Promenade

Key Features

• Established guest house situated off Douglas Promenade
• Presently configured as 15 letting rooms with 7 en-suites
• Traditional bar and dining room
• Proprietors one bedroomed basement accommodation
• Presently used for weekly room lets
• Changes and consents required to regularise such use have been established
• Priced to attract immediate interest from cash purchasers
• Immediate availability with no onward chain
• Increasingly rare business opportunity proving proprietor accommodation
• Early enquiry essential

Summary

The Paramount comprises a substantial guest house premises situated in a sought after location immediately off the Promenade. The existing accommodation provides for up to fifteen letting rooms which includes seven en-suites and a traditional dining room and bar area. Additionally, there is comfortable proprietor's accommodation to the basement which includes a lounge, bedroom, bathroom and kitchen. The premises have latterly been used to provide weekly room lets and the proprietors have established the necessary changes required to formalise the permanent use of the premises as a House in Multiple Occupancy. The Paramount has been priced to attract immediate interest in order to secure an early sale.

Primary Schools

• Scoill yn Jubilee

Secondary Schools

• Ballakermeen
• St Ninians

Further Information

Inclusions All fixtures and fittings associated with the commercial operation of the premises.

Tenure Freehold

Gross Rates payable 2020/2021:

Treasury £1,147.86
Douglas £1,118.88