139 Main Street Bangor, BT20 4AE

Offers around £199,950
  • Retail

Property Details

  • Price Offers around £199,950
  • Style Retail
  • EPC Rating A96
  • Status Sale

Stamp Duty

Stamp Duty for this property will be: £1,499 / £11,497* *Higher amount applies when purchasing as buy to let or as an additional property
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Christina Gass

North Down Office

Contact Christina Gass BA (Hons), MNAEA

Features

  • Prime Location On Bangor's Main Street
  • Potential For Further Development
  • Current Tenant Has Strong Trading History
  • Close Promixity To Public Transport
  • Generates An Annual Rental Income Of £15,000

Room Details

  • Main Retail Area 25.04m x 7.87m (82'2" x 25'10") Large retail area with dual aluminium shopfront with recessed entrance and roller shutter, suspended ceiling with light panels
  • Rear Store 6.02m x 5.97m (19'9" x 19'7") store including Kitchen 6'7" x 6'3", Toilet 6'3" x 3'10", Staffroom 6'7" x 6'3"
    rear store with steps providing access to passage in common
  • REQUIRED INFO UNDER TRADING STANDARDS GUIDANCE Rates - NAV understood to be approx. £19,300 per annum
  • Directions Main Street, Bangor
  • IMPORTANT NOTE TO PURCHASERS

    We aim to make our sales particulars accurate and reliable. However, they do not constitute or form part of an offer or contract, and none are to be relied upon as statements of representation or fact. The detail provided in the `Required information under Trading Standards guidance´ is provided in good faith from information supplied to Pinkertons by the Vendor. All, save for Tenure, are subject to change annually. We have not tested any services, systems, and appliances listed in this specification, and there is no guarantee of their operating ability or efficiency. All measurements have only been taken as a guide to prospective buyers and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed upon with the seller.

Property Information

Situated in the heart of Bangor's bustling Main Street, this prime retail unit is an excellent investment opportunity. Currently tenanted by the long-established and successful retailer, Cotters, the property benefits from a high-profile position within the town´s main shopping area. Surrounded by major occupiers such as Asda, Boots, Menarys, Bangor Travel, and key services including Royal Mail, the location guarantees strong footfall and consistent demand.

The property is also ideally located near the public transport hub, with convenient pay-and-display parking nearby, ensuring easy access for customers. With a current rental income of £15,000 per annum, this property offers not only a reliable income stream but also significant potential for further development, allowing for the opportunity to enhance the rental yield in the future.

This is a rare chance to secure a well-positioned retail investment with proven performance and promising growth potential.

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Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.

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