The Menai Centre, Garth Road, Bangor
£65.30 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
64,321 sq ft
5,976 sq m
- SECTOR
Leisure facility for sale
Key features
- Bids will be before the auction date,requested by 12 noon on 10th June 2025
- Comprising 64,321 sq ft of retail and leisure space
- Each shop benefits from street frontage
- Ongoing asset management opportunities
- 6 Weeks Completion Available
- Prominent Freehold City Centre Shopping Centre Investment
- Well located in the city centre
- Tenants include JD Sport, Cafe Nero, Hays Travel, 3mobile, Superdrug and Greggs
- VAT is applicable
- Investment let at £508,000 p.a. (reflecting 12.10% GIY off Guide Price)
Description
Each shop benefits from their own street frontage.
The Shopping Centre has no communal atrium, thus minimising the common parts.
To the rear is a service yard.
The University city of Bangor lies on the North West Wales coast, some 9 miles north-east of Caernarfon, 18 miles south-west of Colwyn Bay and 50 miles west of Chester
Transport
Road - The city is the gateway to Anglesey and is served by the A55 North Wales Expressway
Rail - 0.5 miles from Bangor Railway Station provides both local and national services
Brochures
The Menai Centre, Garth Road, Bangor
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bangor Station0.6 miles
- Llanfairpwll Station3.5 miles
Notes
Disclaimer - Property reference F4FFDAD8-CE87-40F9-9A8B-B46E6E3A4CE1. 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 Savills, Savills Auctions- Commercial. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills, Savills Auctions- Commercial on 020 3834 8097.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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