Tevir Group announce the purchase of the buildings comprising 12-22 Strand Street in Douglas. The 35,000 sq. ft property comprises 2 retail units which are currently occupied by Boots and Spar.
Ciaran Doherty, Managing Director, Tevir Group commented:
'The purchase further strengthens our property footprint in Douglas town centre, which includes other high-profile sites at Villiers Square and 55 Athol Street. Our tenants in Strand Street are two highly reputable brands and with Boots recently committing to a long-term lease we have every reason to be confident in the future of Douglas town centre.
'With heavy footfall, prime pedestrian position and extensive frontage,12-22 Strand Street ranks as one of the high profile locations within the Isle of Man's retail sector.'
Tevir Group continue to invest heavily in creating desirable, high quality commercial spaces for Isle of Man-based businesses. The 55 Athol Street development is proving very popular and there's a colourful new addition inside the property....
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