Investment Properties for sale in Bangor

View the "Planning permission has been granted for the redevelopment of this substantial 3 storey building" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Freehold Price: £290,000
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Business Description
Planning permission has been granted (Ref: C18/0116/11/LL) for the redevelopment of this substantial 3 storey building which is located on the periphery of the city centre. The planning permission provides the opportunity to redevelop the existing structure into 8 ground floor retail units with 3 two bedroom apartments and a one bedroom apartment to the upper floors. We would anticipate that in todays market conditions, the 8 retail units would be popular as 'starter units' and together with the living accommodation, if renovated to a good standard, could provide an income in the region of £45,000 pa.
Tenure: Freehold

Location Details:
Bangor is a vibrant University city which attract students from all around the world. The city provides a vast range of amenities which includes excellent high street shopping, out of town retail parks, a mainline railway station, the county hospital and excellent road links provided by the A55 expressway which allows easy access to the main UK motorway system as well as Anglesey. The city has a resident population of close to 9,000 which is doubled during the university term time.

Listed by: Dafydd Hardy Chartered Surveyors & Estate Agents

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