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COMMERCIAL

High Street, Bangor, LL57

£165,000
Williams & Goodwin The Property People, Bangor
PROPERTY TYPE

Retail Property (high street)

SIZE

70,498 sq ft

6,549 sq m

Key features

  • Substantial Mixed Commercial & Residential Development Opportunity
  • Probably the City Centres Most Pominent Location Directly Opposite Cathedral
  • Located As Pedestrian and Traffic Zones Merge
  • Listed Building Consent Granted to Provide 3 Retail Units & 5 Apartments
  • All 5 Apartments Provide 2 Bedrooms Some With Attractive Views
  • EPC: N/A

Description

Listed building consent has been obtained to convert the property to provide 3 retail units to the ground floor and 5 x 2 Bedroomed apartments to the first and second floor. Being situated within a few yards of national retailers and in addition to local restaurants, retailers and cafes the development provides a great opportunity to create a diverse income from both retail units and residential lets with demand for 2 bedroomed accommodation in the area being consistently strong and similar sized units letting at figures in the region of £600 to £700 per calendar month.
With a large university population also being present in the city higher income is possible for the residential units if considering shared accommodation and whilst consent has been granted for 3 retail units in our opinion the layout could be altered to provide a larger single unit if preferred.

Note to customers:

The property was historically used to provide part of the Debenhams departmental store premises a number of years ago. This provided over 55 foot of frontage to the High Street with over 2,500 square feet of retail space. Whilst the internal boundaries between this and the adjoining premises currently remain open any purchaser would need to create physical boundary in compliance with current regulations and arrange for services to be provided to the new unit in order to develop this site.

Tenure

We have been advised by the seller that the property is being offered on a Freehold basis.

Material Information

Since September 2024 Gwynedd Council have introduced an Article 4 directive so, if you're planning to use this property as a holiday home or for holiday lettings, you may need to apply for planning permission to change its use. (Note: Currently, this is for Gwynedd Council area only)

High Street, Bangor, LL57

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bangor Station0.5 miles
  • Llanfairpwll Station3.5 miles

About Williams & Goodwin The Property People, Bangor

313 High Street Bangor LL57 1UL
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2Industry affiliation logo 3

Discover a friendly, award-winning estate agency that's passionate about connecting property & people.

Welcome to Williams & Goodwin, your friendly, award-winning estate agency!

We're not just any estate agency; we're your personal property matchmakers, obsessed with bringing people and properties together.

Our secret ingredient?

It's our "moving together" ethos. This simple yet powerful concept is the driving force behind our unique brand logo. It symbolises the continuous human connection that binds the seller, the buyer, and the agent in the property journey.

Based in prime locations at Holyhead, Llangefni and Bangor, we're proud to be part of the community in Anglesey and Gwynedd. Our deep local knowledge, coupled with our strong industry connections, makes us your perfect property partner.

But we don't just sell homes; we create them. We work closely with landlords, buyers, and tenants, helping them navigate the property market effortlessly. Our specialised land and property auction brand, All Wales Auction, ensures a smooth process for all property transactions across North Wales.

We're more than just estate agents; we're your property guides, your neighbourhood friends, and your support system in your property journey. Our passion for helping you move has earned us numerous accolades, including the 2023 Negotiator Property Awards for Best Estate Agent in Wales and the UK Property Mark Qualifications award for Champion UK Employer.

So, whether you're looking to buy, sell, let, or rent; whether it's a family home or a business property, we're here to help you make the right move.

Let's move together with Williams & Goodwin, your friendly property matchmakers.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference RX563569. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Williams & Goodwin The Property People, Bangor. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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