115 High Street Bangor, BT20 5BD

Offers Around £159,950
  • Retail

Property Details

  • Price Offers Around £159,950
  • Style Retail
  • Status Agreed

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Nikki Simpson

North Down Office

Contact Nikki Simpson BA (Hons), MNAEA, MARLA

Features

  • Prime Commercial Premises
  • 10 Years Remaining On Lease
  • Rear Parking Available
  • Annual Rental Income Of £14,500
  • Secure And Steady Investment

Room Details

  • Waiting Area 4.11m x 3.94m (13'6" x 12'11")
  • Kitchen
  • Store 2.13m x 1.85m (7'0" x 6'1")
  • WC Pedestal wash hand basin, push button wc, fire escape
  • Room 1 4.24m x 2.97m (13'11" x 9'9")
  • Room 2 4.47m x 3.40m (14'8" x 11'2")
  • Bathroom Panelled bath, pedestal wash hand basin, push button wc
  • Room 3 3.66m x 3.02m (12'12" x 9'11")
  • Room 4 3.43m x 2.41m (11'3" x 7'11")
  • Store
  • Directions High 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

An exceptional opportunity to acquire a prime commercial property on Bangor´s vibrant High Street. This property is currently occupied by the long-established 'City Best' Chinese takeaway, which has successfully operated for ten years and benefits from a secure lease for another ten years.

Boasting excellent frontage on the bustling High Street, the ground floor features a welcoming reception and waiting area, a fully-equipped kitchen, and ample storage. Additionally, there is a large store to the rear of the property, providing further utility. The first floor offers two spacious rooms perfect for storage, along with a bathroom, while the second floor comprises two further storage rooms.

The property also includes convenient parking to the rear and presents an attractive opportunity for future development. The first and second floors could potentially be converted into a stylish duplex apartment, subject to necessary approvals.

With a passing rent of £14,500 per annum from a reliable tenant, this investment offers steady long-term income with the added potential for further value.

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5 STAR EXPERT MORTGAGE ADVICE

Whether you are getting one for the first time or looking to re-mortgage, it pays to seek help and advice from qualified and experienced financial experts at the beginning.

We have partnered with Embrace Financial Services to provide you access to 5 Star expert mortgage and protection advice tailored to your needs and on occasions exclusive mortgage products.

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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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