- Substantial Mixed Commercial & Residential Development Opportunity
- Probably the City Centres Most Pominent Location Directly Opposite Cathedral
- Located As Pedestrian and Traffic Zones Merge
- Listed Building Consent Granted to Provide 3 Retail Units & 5 Apartments
- All 5 Apartments Provide 2 Bedrooms Some With Attractive Views
- EPC: N/A
Commercial Property for sale in Bangor
Being most prominently situated directly opposite Bangors cathedral at the point where the pedestrianised zone of the High Street merges into the traffic zone is this substantial triple fronted listed property for which listed building consent has been obtained to convert the property to provide 3 retail units to the ground floor and 5 x 2 Bedroomed apartments to the first and second floor. Being situated within a few yards of national retailers and in addition to local restaurants, retailers and cafes the development provides a great opportunity to create a diverse income from both retail units and residential lets with demand for 2 bedroomed accommodation in the area being consistently strong and similar sized units letting at figures in the region of £600 to £700 per calendar month.
Note to customers:
The property was historically used to provide part of the Debenhams departmental store premises a number of years ago. This provided over 55 foot of frontage to the High Street with over 2,500 square feet of retail space. Whilst the internal boundaries between this and the adjoining premises currently remain open any purchaser would need to create physical boundary in compliance with current regulations and arrange for services to be provided to the new unit in order to develop this site.
Tenure
We have been advised by the seller that the property is being offered on a Freehold basis.
Material Information
Since September 2024 Gwynedd Council have introduced an Article 4 directive so, if you're planning to use this property as a holiday home or for holiday lettings, you may need to apply for planning permission to change its use. (Note: Currently, this is for Gwynedd Council area only)
Important information
This is a Freehold property.
Property Ref: EAXML10852_9258422
Similar Properties
3 Bedroom House | Offers Over £220,000
Located just a stones throw away from Bangor High street, this centrally located 3 bedroom home has just undergone a mod...
3 Bedroom House | Asking Price £220,000
A great opportunity to purchase a newly constructed three storey town house with a most attractive outlook over to the M...
3 Bedroom House | Asking Price £220,000
A great opportunity to purchase a newly constructed three storey town house with a most attractive outlook over to the M...
4 Bedroom House | Asking Price £230,000
A great opportunity to purchase a newly constructed three storey town house with a most attractive outlook over to the M...
Llanfairpwllgwyngyll, Isle of Anglesey
2 Bedroom Bungalow | Asking Price £230,000
Occupying a large plot, this detached bungalow offers adaptable accommodation with ample outdoor space in a popular resi...
2 Bedroom House | Asking Price £235,000
A semi detached cottage providing traditional accommodation with many original features and having the added benefit of...
Williams & Goodwin The Property People (Bangor)
313 High Street, Bangor, Gwynedd, LL57 1UL
01248 355333
How much is your home worth?
Use our short form to request a valuation of your property.
Request a Valuation
©2024 The Guild of Property Professionals. All rights reserved.
Terms and Conditions |
Privacy Policy |
Cookie Policy |
Complaints Policy |
Members Login
The Guild of Property Professionals Trading Address: 121 Park Lane, London W1K 7AG. GPEA Limited.
Registered in England & Wales.
Company No: 02819824.
Registered Office Address: 2 St. Stephen's Court, St. Stephen's Road, Bournemouth, Dorset, England, BH2 6LA.
VAT Registration No: 576 8795 61
