43/45 High Street, Bangor, Down, BT20 5BE

Features

• Excellent Retail Property over 3 Floors 
• Situated in Bangor's thriving High Street 

Description

The property is situated over ground, first and second floors and extends to approximately 1,700 sq ft overall.  The property is currently being used as a yacht chandlery and clothing sales, but due to relocation within the town it is available by assignment of lease. The building would lend itself to a variety of retail uses or possibly offices (subject to relevant consents if required).  The unit comprises feature stone and brick internal walls and an attractive tiled floor to ground floor level.

Accommodation

Ground Floor

Retail Area 420 sq ft (39 sq m)

ITZA 299 sq ft

First Floor

Office 155 sq ft (14.4 sq m)

Kitchen 48 sq ft (4.46 sq m)

Separate WC

First Floor Return

Storage 50 sq ft (4.65 sq m)

Second Floor

Office 125 sq ft (11.6 sq m)

Total 798 sq ft (74.2 sq m)

Lease Terms

The premises are held on a 15 year lease from 1 March 2007 subject to a 5 yearly rent review.

Rent

£14,250 per annum.

Tenants Break Option

A tenants break option is available on the fifth and tenth anniversary of the lease.

NAV

We are advised by the Valuation and Lands Agency that the NAV is £5,000. The Commercial rate in the pound is
£0.4767

Repair and Insurance

Tenant responsible for internal and external repair.  Tenant to reimbursement insurance premium to landlord.

Available

Immediate

By appointment through agent

Michael Wright
Tel. 028 9042 8292
Email. michael.wright@pattersonmiller.co.uk

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