1 Ash Court, Parc Menai, Bangor, Gwynedd, LL57 4DF

Offer in excess of

£220,000

Size

2,200

Tenure

Leasehold

EPC

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Parking

10

Primary use
Traditional office
Capacity
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Desks
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No floor / site plan

Key features

  • Office investment for sale - Also would site owner occupier
  • 2,200 sq ft at £220,000
  • Passing rent = £14,400 per annum
  • Total rent when fully let = £26,400
  • Each suite qualifies for small business rate relief

Description

FOR SALE
1 Ash Court, Parc Menai, Bangor
Total of 2,200 sq ft
10 allocated car spaces
Provides 3 lettable suites + kitchen + WCS
Suite A (1,000 sq ft) - Vacant - 6 car spaces
Suite B (600 sq ft) - Vacant - 2 car spaces
Suite C (600 sq ft) let to Kimberley Gulf Ltd - 9 yrs from 1 Dec 2021 with breaks every 3 years - 2 car spaces

Total income when fully let = £26,400 pa

WC's and kitchen are shared.
High speed internet via "Fibrespeed" is available

Estate Charge c £4,000 pa (Not fixed) payable by landlord for estate management services

Each suite qualifies for small business rates relief

Purchase is of the long lease to expire Feb 2254 for sale
Copy of long lease available upon request

Ideal SIPP purchase
Well presented space
VAT is payable
Sale anticipated to be by way of TOGC

Ash Court is located on the prestigious Parc Menai business park opposite the junction of Ffordd Y Llyn and Ffordd Gelli Morgan. Parc Menai is set in mature parkland of 75 acres (30 hectares) and is strategically located adjacent to the junction of the A487 (T) with junction 9 of the A55. The nearby university city of Bangor has a population of approximately 19,000* and 2 higher education institutions. With a well educated population in the travel to work area there is ready access to a wide range of skills. Parc Menai features a number of useful facilities, including a creche and the Parc Britannia hotel and restaurant. Further information is available at
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

1 Ash Court, Parc Menai, Bangor, Gwynedd, LL57 4DF

NEAREST STATIONS

National Rail

Llanfairpwll Station

1.55 miles

National Rail

Bangor Station

2.09 miles

About Legat Owen, Chester

Legat Owen, Chester

Legat Owen is a multi-disciplinary, general practice firm of Chartered Surveyors established in 1986 with a head office in Chester.

We offer a full range of services including agency (industrial, office, retail/roadside/leisure, investment & land/development), property management, landlord & tenant, valuation, building surveying, development consultancy and rating. As a multi-disciplinary commercial property consultant, departments work alongside one another to provide a full complement of services to our clients as required.

Geographically, the practice acts across the whole of the UK with particular emphasis on the North West of England and Wales.

For the future, the company will continue to concentrate on its core strengths of delivering expert property advice on a personalised basis.

As a testament to these values, the Directors and staff are proud of the fact that we are still involved with many of the clients for whom we first acted for nearly forty years ago.

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Disclaimer - Property reference 5026FH. 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 Legat Owen, Chester. 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.