Tramway Stables & Terrace

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Development For Sale 0.4 acres approx Prime development opportunity in picturesque sea front location

TRAMWAY STABLES & TERRACE, QUEENS PROMENADE The buildings may have some potential for conversion and refurbishment. Sale price Interested parties are invited to submit proposals to purchase the freehold interest. Possession Vacant possession will be available in early 2017. Legal Costs Each party will be responsible for their own legal costs incurred in the transaction. Location The property occupies a prominent position on Queens Promenade, close to the junction with Summerhill, and has picturesque views over Douglas Bay.

Viewing By appointment through Chapman & Co. Please contact David Sharp or Thomas Chapman to arrange an appointment. Location plan

Accommodation The existing buildings include 3 terraced houses, a large paved area, together with stables and associated buildings used for the keeping of horses. The site is largely rectangular in shape and provides the following approximate floor areas and dimensions. Site area Frontage Depth (average) Width (average)

0.4 acres approx 120 ft approx 145 ft approx 120 ft approx

Planning The property has potential for redevelopment for a variety of uses including residential, subject to the obtaining of planning consent. The property is currently zoned for tourism and residential uses on the Douglas Local Plan.

(For illustration only. Exact boundaries to be confirmed.)

We understand that no change of use planning consent has been applied for. The surrounding properties are predominantly in residential use, with a number of apartment schemes having been built in recent years on Queens Promenade. All premises are offered subject to contract and availability. These particulars are issued without responsibility on the part of the vendor or lessor and Chapman & Company Ltd and any of their respective employees or agents and serve only as an introductory guide to the premises. No part of them constitutes a term of contract or representation upon which any reliance can be placed. Any party with an actual or prospective interest in the premises must satisfy themselves as to any matter concerning the premises by inspection, independent advice or otherwise. Neither Chapman & Company Ltd, nor any of their employees or agents have any authority to make or give any representation or warranty as to the premises whether in these particulars or otherwise. Unless otherwise stated all prices and rates are quoted exclusive of value added tax (VAT). Any i ntending purchaser or lessee must satisfy themselves as to the incidence of VAT concerning any transaction.