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High Street, Bangor, Gwynedd, LL57

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Mixed Use Commercial and Residential Investment Property
  • Ground Floor Currently Let as a Hairdressing Salon
  • Upper Floors providing Fully Let Self Contained 4 Bedroomed Flat
  • Providing Circa. £18,000 per annum Income
  • Upper High Street Location
  • EPC: C & D/Council Tax A for Flat

Description

The property comprises a ground floor and lower ground floor retail unit, currently let to a well-established hairdressing salon at a rent of £6,000 per annum. The commercial element extends to approximately 425 sq ft of retail space to the ground floor and occupies a prominent trading position within this busy and highly visible location.
The upper three floors are currently let on the residual of an occupational contract at £1,000 per month and are accessed independently from the rear and provide a well-presented, modernised self-contained apartment. The accommodation includes an open-plan living area incorporating contemporary fitted kitchen units, dining space and comfortable lounge area.
The apartment further benefits from four generous double bedrooms, each furnished with fitted bedroom furniture and dedicated study areas. All bedrooms enjoy the advantage of their own en-suite shower room, making the property particularly attractive for professional or student letting.
The property is fully let and currently produces a combined annual income of £18,000 per annum, reflecting a 9% gross return on the asking price.
This is an our opinion, an ideal investment purchase offering immediate income with established tenants in place, located in a strong and consistent rental area.

The Retail Unit - Ground Floor

Shop

13.71m(45') x 5.24m(17'2")max

With double fronted window having central door opening into the retail space currently fitted out for hairdressing purposes with UPVC double glazed window to rear, and two double radiators. A staircase leads down to.

Lower Ground Floor

Inner Hallway

With single radiator, and uPVC double glazed door providing rear access.

Staff Kitchen

9' 11'' x 8' 9'' (3.03m x 2.67m)

With sink unit

Separate Toilet

With wc, and wash hand basin

2 Store Rooms

The upper 3 floors provide a modernised flat which is accessed from the rear public car park and external staircase leading up to:-

The Self Contained Flat - Entrance Hall

With double radiator, and boiler cupboard.

Open Plan Kitchen/Living Room

(16'8") x 4.32m (14'2")

The spacious open plan room gives adequate space to provide distinct kitchen, dining and living areas, and is fitted out with a wealth of modern kitchen wall and base units. A double glazed bay window overlooks the High Street and there is a double radiator.

Bedroom 1

(12'4") x 3.16m (10'4")

UPVC double glazed window and single radiator. Fitted double bed, wardrobe and study desk. Door to:

En-suite Shower Room 1

With modern shower cubicle, wash hand basin and wc. Heated towel rail.

En-suite Shower Room 2

With modern shower cubicle, wash hand basin and wc. Heated towel rail.

En-suite Shower Room 3

With modern shower cubicle, wash hand basin and wc. Heated towel rail.

En-suite Shower Room 4

With modern shower cubicle, wash hand basin and wc. Heated towel rail.

Second Floor Landing

Bedroom 2 3.73m (12'3") x 3.16m (10'4")

Bedroom 2

(12'3") x 3.16m (10'4")

UPVC double glazed window and single radiator. Fitted double bed, wardrobe and study desk. Door to:

Bedroom 3

5.09m (16'8") x 3.33m (10'11")

Two UPVC double glazed window and single radiator. Fitted double bed, wardrobe and study desk. Door to:

Third Floor

Bedroom 4

(15'11") x 4.34m (14'3")

With double glazed roof window to front and rear and single radiator. Fitted double bed, wardrobe and study desk. Door to:

Outside Space

In addition to the access direct from the High Street the property has pedestrian access to the rear via a public car park and through an enclosed garden area

Information 1

Please note the seller is a member of staff employed by Williams & Goodwin The Property People Limited

Information 2

Please note the photographs have been taken prior to the current tenants taking occupancy.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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High Street, Bangor, Gwynedd, LL57

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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.

Your mortgage

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Years
Current average is 4.5%
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Monthly repayments
£913
We think you can borrow up to
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Disclaimer - Property reference RX744223. 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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