70-72 Main Street,
0, Bangor, BT20 5AE
Investment Property
Price £425,000
Contact Lisney
+44 28 9050 1501
Property Overview
Status
For Sale
Style
Investment Property
Property Financials
Price
£425,000
Property Engagement
Views Last 7 Days
116
Views Last 30 Days
424
Views All Time
8,562
Features
- Prominent retail unit occupying a prime site in the city centre
- Fully let on FRI terms to Greggs Plc
- Current rent of £32,500 p.a.x.
- Circa 4.25 years term certain
- Greggs PLC have a Credit Safe Risk Score of 88, reflecting the lowest level of risk
- Offers over £425,000 exclusive, subject to contract.
- Reflects a NIY of c. 7.25% after purchase costs of c. 4.15% and a capital value of £83.46 per sq.ft.
Externally the property benefits from a glazed shopfront with Greggs signage and branding, while the upper floors are finished with a painted render.
The ground and first floors comprise a modern retail unit providing a sales area along with staff and customer WCs. The unit is fitted out to an excellent standard, in typical Greggs format.
