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1a High Street, 2, 4 & 4A Quay Street, Bangor, BT20 5BG

Offers around £240,000

Key Information

Address 1a High Street, 2, 4 & 4A Quay Street, Bangor, BT20 5BG
Price Offers around £240,000
Style Investment Property
EPC Rating E108
Status For sale
   

Features

  • Prime portfolio of four commercial units in a prominent Bangor location
  • Overlooks the McKee Clock and Bangor Marina, attracting high footfall and visibility
  • Three units currently let to well-established, long-term tenants
  • Current rental income of £16,320 per annum, with potential for £20,000 per annum once fully let
  • One vacant unit, offering opportunity for new tenancy or owner occupation
  • Strong tenant history, providing stability and reliable rental returns
  • Excellent investment opportunity in a highly desirable area with growth potential

Additional Information

This exceptional portfolio offers four prime commercial units in a highly sought-after location at the foot of Bangor High Street, with unrivalled views of the iconic McKee Clock and Bangor Marina. Perfectly positioned for maximum footfall and visibility, these properties present a rare investment opportunity.

Three of the units are currently let to long-standing, well-established businesses, generating a steady rental income of £16,320 per annum, with potential to increase this to approximately £20,000 once fully occupied. The fourth unit is currently vacant, offering a fantastic opportunity for new tenancy or owner occupation.

With its unbeatable location, strong tenant history, and income potential, this Quay Street portfolio is a prime choice for investors looking for solid returns and long-term value.

1A High Street:

Ground Floor

Entrance Porch & Hall, staircase to 1st Floor

First Floor

FRONT OFFICE:
5.26m x 3.66m (17' 3" x 12' 0")
17'3 average width x 12'0 depth Floor area approx. 207 sq ft
KITCHEN:
1.91m x 1.52m (6' 3" x 4' 12")
32 sq ft With single drainer stainless steel sink unit, laminate roll edged work tops.
BUILT IN STORAGE:
Staircase to Second Floor

Second Floor

OFFICE 1:
3.84m x 2.74m (12' 7" x 8' 12")
Approx. 112 sq ft
OFFICE 2:
3.66m x 2.366m (12' 0" x 7' 9")
Approx. 93 sq ft
TOILET:
With low flush WC, pedestal wash hand basin with electric hot water geyser

Shelved cupboard with louvred doors.

Lease:

Currently vacant. Suggested rent of £4,200 per annum plus rates.

2 QUAY STREET:

Ground Floor

MAIN SHOP AREA:
7.92m x 4.57m (25' 12" x 14' 12")
Total floor area approx. 370 sq ft (34.37 sq m)
KITCHEN AND TOILET:
REAR SHOP AREA:
4.27m x 2.74m (14' 0" x 8' 12")
Total floor area approx. 137 sq ft (12.73 sq m)
STORE ROOM:
3.05m x 2.13m (10' 0" x 6' 12")
Approx. 70 sq ft.
Access to passageway in common, leading to High Street.

Lease:

Currently let at £8,520 per annum plus rates on a rolling quarterly contract.

4 QUAY STREET:

First Floor

FRONT ROOM:
5.49m x 4.09m (18' 0" x 13' 5")
REAR ROOM:
4.32m x 4.01m (14' 2" x 13' 2")
With wash outs and sinks etc.
Glazed white sink with electric hot water geyser
TOILET:
With low flush WC

Lease:

Currently let at £3,600 per annum plus rates on a rolling quarterly contract.

4A QUAY STREET:

Second Floor

OFFICE 1:
4.09m x 3.2m (13' 5" x 10' 6")
Approx 142 sq ft
OFFICE 2:
4.17m x 2.36m (13' 8" x 7' 9")
Approx 105 sq ft
OFFICE 3:
3.53m x 2.24m (11' 7" x 7' 4")
Approx 107 sq ft
KITCHEN:
With stainless steel sink unit, fitted cupboards etc
TOILET:
With low flush WC and wash hand basin

Lease:

Currently let at £4,200 per annum plus rates on a rolling quarterly contract.

Total Net Annual Value (NAV)

1A High Street: £2,650
2 Quay Street: £6,550
4 Quay Street: £2,800
4A Quay Street: £1,900

Directions

Corner of Bangor High Street / Quay Street