Acquired
Bangor – Vacant Double Fronted Shop
255/257 High Street, Bangor, Gwynedd LL57 1PBFreehold Vacant Retail with Residential Development Potential
Investment Consideration
- Comprises double fronted retail shop with ancillary accommodation at first floor and basement
- Property benefits from lift serving ground/first floor
- Total area size of 436 sq m (4,693 sq ft)
- Potential to convert first floor to residential, subject to obtaining the necessary consents.
- Nearby occupiers include Holland & Barrett, Costa Coffee, Caffe Nero and O2, amongst others.
Key Features
Tenure
Freehold
VAT
VAT is Applicable
Property Description
The property comprises double fronted retail shop with ancillary accommodation at first floor and basement. There is a lift that serves ground and first floor. Development potential to convert first floor to residential accommodation, subject to planning.
The property provides the following accommodation and dimensions:
Ground Floor: Shop 261 sq m (2,809 sq ft)
First Floor: Ancillary 175 sq m (1,884 sq ft)
Basement: Ancillary Not inspected
The property provides the following accommodation and dimensions:
Ground Floor: Shop 261 sq m (2,809 sq ft)
First Floor: Ancillary 175 sq m (1,884 sq ft)
Basement: Ancillary Not inspected
Tenancy Description
The property is at present vacant
Location Description
Bangor is a University City and provides the gateway to Anglesey and Ogwen Valley and being approx. 20 miles west of Colwyn Bay. The property is located on a prominent trading position within the heart of this pedestrianised town centre, adjacent to Holland & Barrett and amongst other nearby multiple retailers including Costa Coffee, Caffé Nero, O2 and Peacocks.