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Bangor, Gwynedd


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Overview

Commercial Property for sale in Bangor, Gwynedd

TO LET FOR £12,000 PER ANNUM WITH A PREMIUM OF £1 TO PURCHASE THE LEASE Occupying a highly prominent corner position on the entrance to this shopping precinct is this large restaurant/café unit. The highly visible location fronts onto one of the two access points to the centre which houses major retailers which amongst others includes Specsavers, Iceland, Timpsons, Vodafone and Claires.

TO LET FOR £12,000 PER ANNUM WITH A PREMIUM OF £1 TO PURCHASE THE LEASE

Occupying a highly prominent corner position on the entrance to this shopping precinct is this large restaurant/café unit. The highly visible location fronts onto one of the two access points to the centre which houses major retailers which amongst others includes Specsavers, Iceland, Timpsons, Vodafone and Claires.

With extensive frontage onto the precinct, and an elevated return onto Waterloo Street the restaurant is accommodated over two floors and is currently laid out to provide over 40 covers to the ground floor with plenty of opportunity to expand further.

From the town clock continue di...

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Important information

This is not a Shared Ownership Property

This is a Leasehold Property

  • The annual cost for the ground rent on this property is £
  • The review period for the ground rent on this property is every year
  • Ground rent on this property could increase by up to % at the end of every review period
  • The annual service charges for this property is £

Key Info

  • £12,000 per annum to take over the lease offers invited
  • Spacious Commercial unit on Bangor High Street
  • Currently set up as a Restaurant/Café
  • Can seat up to 40 Covers
  • First Floor Staff Areas including Office
  • EPC: D

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  • beds 0
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Amount Borrowed: £200,000
Term: 25 years
Interest rate: 3.5%
Total Monthly Payment:
£1,001.25
Total amount repayable:
£300,374
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