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Description

Attractive Holiday Apartments in IOM Tax Haven

The Business Partnership is delighted to offer this excellent opportunity to acquire a well prepared business, in recently refurbished premises. The apartments are furnished to a very high standard and have already established year round bookings with many periods when the entire property is fully booked. The scope to exploit the opportunities created by the present owners is extensive. There are currently two en-suite rooms which are not being utilised and are an un-tapped source of income. The IOM tourism economy benefits from a number of key events during the year including the TT races. Year round the island has many tourist attractions with numerous historic sites, cultural, sporting events and places of interest. For the business owner the island is an attractive location because of its extremely generous tax regime and the pace and style of life.

The business is located in the historic city of Peel on the beautiful west coast. The property is one of a row of elegant Victorian properties, which is situated at the Northern end of Peel Promenade. The property is west facing looking over the bay and is an ideal position from which to enjoy the views of what is referred to as the sunset city. The Apartments and Owners' accommodation is over 5 floors.

The extensive and attractive owners' accommodation is located on the ground floor and consists of a lounge, kitchen/diner, two en-suite bedrooms and a patio garden.