1a High Street,
2, 4 & 4a Quay Street, Bangor, BT20 5BG
Investment Property
Offers Around £240,000
Property Overview
Status
For Sale
Style
Investment Property
Property Features
Energy Rating
Property Financials
Price
Offers Around £240,000
Property Engagement
Views Last 7 Days
146
Views Last 30 Days
956
Views All Time
956
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
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