246 & 248 High Street, Bangor
Size
2,007
Tenure
Freehold
EPC
Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- A freehold multi-let retail investment opportunity
- Two storey building benefitting from a high footfall location
- 2 ground floor commercial units units with upper parts sold off on a long lease
- 246 is let to Pandora on a 10 year FRI lease expiring 22/07/2028
- 248 is let to Clogau on a 12 year and 2 month lease expiring 30/11/2030
- Both units approx. 2,007 sq ft
- Investment let at £38,000 per annum (13.57% GIY on Guide Price)
Description
A two storey building arranged as two ground floor commercial units with upper parts sold off on a long lease. One retail unit is let to Pandora on a 10 year FRI lease expiring 22/07/2028 and the other unit is let to Clogau on a 12 year and 2 month lease expiring 30/11/2030
Both units approx. 2,007 sq ft.
Investment let at £38,000 per annum (13.57% GIY on Guide Price).
The property is located on the South Side of High Street with nearby occupiers including o2, Natwest, Holland & Barrett, Nationwide, Tresspass, Greggs, TGJONES and many other local and national retailers.
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- Business rates
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
Unclassified
- Environmental description
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Disclaimer - Property reference BA373566-6C41-4D22-AFD3-1144E2946A24. 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 National , 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.