Units 1-4, 49-51 Main Street & Bingham Mall,
Bangor, BT20 5AF
Investment Property
Offers Around £435,000
Property Overview
Status
For Sale
Style
Investment Property
Property Financials
Price
Offers Around £435,000
Property Engagement
Views Last 7 Days
74
Views Last 30 Days
250
Views All Time
1,685
Features
- Prime Location: Situated on the vibrant Bangor Main Street, the properties benefit from high visibility and substantial foot traffic.
- Diverse Tenant Mix: The portfolio includes a blend of tenants ranging from therapeutic services and retail shops to charitable organisations, ensuring a stable and diversified income stream.
- Established Leases: Most units have rolling leases, providing flexibility and potential for lease renegotiation
- Proximity to Popular Retailers: Close to Nationwide, Subway, and Santander, attracting additional customer traffic and enhancing the appeal of the location.
1. Unit 2A, Bingham Mall
- Tenant: Elysian Therapies
- Annual Rent: £4,200
- Lease Start Date: 1st October 2021
- Lease Expiry: Rolling
2. Unit 2B, Bingham Mall
- Tenant: Art Studio
- Annual Rent: £2,580
- Lease Start Date: 5th March 2018
- Lease Expiry: Rolling
3. Unit 3, Bingham Mall
- Tenant: Karen Rose Pryor
- Annual Rent: £3,792
- Lease Start Date: 1st May 1998
- Lease Expiry: Rolling
4. Unit 4, Bingham Mall
- Tenant: Hamilton Trophies
- Annual Rent: £3,996
- Lease Start Date: 1st September 2023
- Lease Expiry: 31st August 2024
5. 49/51 Main Street
- Tenant: British Heart Foundation
- Annual Rent: £13,500
- Lease Start Date: 27th October 2013
- Lease Expiry: Rolling
6. 49 Main Street
- Tenant: YMCA and Boom Studios
- Annual Rent: £6,600
- Lease Start Date: 1st October 2018
- Lease Expiry: 31st October 2024
Current Total Annual Income: £34,668
This investment portfolio offers a secure and profitable venture for discerning investors looking to capitalise on the robust commercial property market in Bangor. For further details and to arrange a viewing, please contact us.
UNIT 1 THE ARCADE BINGHAM MALL
- SHOP
- 11.79m x 5.03m (38' 8" x 16' 6")
Double fronted aluminum shop front, Electric roller shutter, recently decorated with new floor coverings and upgraded supspended ceiling, toilets facilities with low flush WC, wash hand basin, electric central heating
UNIT 2B THE ARCADE BINGHAM MALL
- SHOWROOM:
- 4.983m x 6.088m (16' 4" x 19' 12")
At Widest Point
UNIT 3 THE ARCADE BINGHAM MALL
- 5.043m x 7.308m (16' 7" x 23' 12")
At Widest Point
UNIT 4 THE ARCADE BINGHAM MALL
- 5.224m x 4.848m (17' 2" x 15' 11")
At Widest Point
51 MAIN STREET:
- Access doorway with roller shutter, staircase to first floor
First Floor
- MAIN OFFICE
- 12.78m x 7.11m (41' 11" x 23' 4")
Open Plan, new floor covering, walls freshly decorated Economy 7 heating - PRIVATE OFFICE
- 3.58m x 2.49m (11' 9" x 8' 2")
- TOILET AND KITCHEN FACILITIES
49/51 MAIN STREET
- STORE ROOM:
- 5.235m x 11.489m (17' 2" x 37' 8")
At Widest Point - SHOP FLOOR:
- 5.335m x 12.m (17' 6" x 39' 4")
At Widest Point
Directions
Located on Bangor Main Street.