Historic Café/Restaurant Premises with Two Bedroom Flat Above

Fantastic and unique opportunity to purchase this historic cafe/restaurant premises established for over 100 years with residential two bed apartment above. Situated adjacent to the Coach Park for the Laxey Wheel (the largest surviving water wheel of its kind in the world known as Lady Isabella) and Mines Trail. The property was originally two houses that have been extended with the ground floor comprising cafe restaurant including open plan seating and private dining areas, servery, preparation area, fully equipped commercial kitchen, store room and ladies/disabled & gents WC. The property also benefits from takeaway licence. There is also a potential to convert the property back to one or two houses subject to the required planning consents being obtained. There is also ample free parking in the immediate vicinity for coaches and cars and the electric tram station is situated across the road. The sale also includes the majority of the fixtures and fitting excluding personal items.

Tenure

To Be Confirmed In Legal Pack

Accommodation

Ground Floor Café Restaurant - Café for approximately 40 covers Servery, Kitchen, Ladies/Disabled WC Gents WC, Store Room First Floor 2 x double bedrooms Bathroom with WC Lounge Externally there is an outside dining/patio area which (we have been infored by the vendor) is leased from the Isle of Man Government by way of a 5 year lease from Spetember 2017at a fixed rental of £1,200 per annum.

Joint Agents

Black Grace Cowley 51 Victoria Street Douglas Isle of Man IM2 2LD

Viewing

Please check Auction House Website for viewing appointments www.auctionhouse.co.uk

Additional Fees

Buyer's Premium - £900 including VAT payable in addition to the Administration Charge

Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.