104 Abbey Street

A lock up shop and stores with an apartment above all currently let out and achieving a rental income of £4000 per annum plus rates for the ground floor shop and £4800 per annum for the flat. The shop is currently in a lease until 31st August 2017 and the flat is on a rolling contract. The property is on a prominent position on a main street with high volume of passing pedestrian and vehicular traffic. It is also close to Town Centre, Bus and Railway Station.

Shop (Ground Floor)

Approx. 40ft deep x 12ft 6 ins Approx. Floor Area 500 sq ft

Small Store Off (Ground Floor)

Approx. 15ft x 5 ft Approx. Floor Area 75 sq ft

Rear Store: (Ground Floor)

Approx. 16ft 6 ins x 7ft 6ins Approx. Floor Area 123 sq ft

Toilet Off (Ground Floor)

With low flush WC and wash hand basin

(Outside)

REAR ACCESS

(RENT)

Current Gross Rental Income of £8,800 Per Annum (Shop: £4000 Per Annum Plus Rates) (Flat: £4800 Per Annum)

(RATES)

Ground Floor Shop NAV £6,900 current rates £3,832.38 1st And 2nd Floor Flat NAV: £85,000 Current Rates £587.26

Apartment (First & Second Floor)

First and second floor apartment currently rented out (Rent: £400 Per Month Inc Rates)

Entrance Hall: (First Floor)

Lounge: (First Floor) (W: 5.0300m, L: 3.3500m) (W: 16' 6", L: 11' 0")

Economy 7 storage heater

Bedroom/dining Room: (First Floor) (W: 3.3500m, L: 3.2000m) (W: 11' 0", L: 10' 6")

Convector heater

Kitchen: (First Floor) (W: 2.9000m, L: 2.3600m) (W: 9' 6", L: 7' 9")

Stainless steel sink unit, high and low level fitted cupboards, plumbed for washing machine, economy 7 storage heater

Bathroom: (First Floor)

With panelled bath, pedestal wash hand basin, Hot Press

Separate Wc: (First Floor)

Low flush WC

Front Attic: (Second Floor) (W: 4.9800m, L: 3.3500m) (W: 16' 4", L: 11' 0")

Rear Attic (Second Floor) (W: 3.3500m, L: 3.1200m) (W: 11' 0", L: 10' 3")

Property Features:
  • Shop & Flat For Sale In Prominent Position Near Town Centre
  • Shop With Small Store Off, Rear Store & Toilet
  • First And Second Floor Apartment
  • Flat & Shop Both Let And HMO Compliant
  • Shop Achieving £4000 Per Annum Plus Rates
  • Lease On Shop Currently To Run Until 31st August 2017
  • Flat Achieving £4800 Per Annum On Rolling Contract

Property Location

ON ABBEY STREET, BANGOR

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