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Sale Agreed

91/91a/91b High Street, Bangor , County Down, BT20 5BD

Offers in the region of

£140,000

Business
D 79
EPC Rating

Location of 91/91a/91b High Street

Bangor is the fourth largest town in Northern Ireland. The coastal town is located in North Down on the southern shore of Belfast Lough. The town has a population of approx. 58,965 (NI Census 2011) and serves as a service and administrative centre as well as a market town and seaside resort. Bangor is approximately 13 miles from Belfast City and approximately 10 miles from Belfast City Airport. It benefits from an excellent road network; the A2 connecting Bangor with Belfast and A21 connecting Bangor to Newtownards. There is also a direct train line connecting Belfast with Bangor, making it a popular commuter town for Belfast. The property is located on High Street in Bangor town centre, which connects to the main shopping area on the nearby Main Street.

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description

Investment Summary

  • Comprises 2 ground floor retail units and first floor office accommodation. 
  • Fully let to 3 tenants, producing £14,840 per annum, exclusive.
  • Two storey building extending to approximately 1,442 sq ft with secure rear yard area.
  • Offers invited in the region of £140,000 (One Hundred and Forty Thousand Pounds Sterling), exclusive.  Reflects a net initial yield of 10.41%.

Property Costs

  • Status: Sale Agreed
  • Offers in the region of£140,000

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Offers in the region of

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Contact Agent

Lambert Smith Hampton
4-10 May Street

Other costs to budget for

Wilson Nesbitt Solicitors

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