Flat for sale in Bangor, Gwynedd

An unusual opportunity for a developer or investor to convert the upper floors above a retail unit in Bangor High Street to create an apartment where demand for rental accommodation is consistently high, and which currently provides over 1,500 square foot of accommodation.

A great opportunity to create one spacious flat under a certificate of lawful use granted in December 2022 under application C22/0987/11/TC. Whilst a renovation is required we believe this creates a great investment opportunity as demand for rental accommodation in the Bangor has been consistently high in 2023.

The property is situated a few doors up from our Bangor office being approximately 50 yards up the High Street from the junction with Dean Street, and 100 yards down the pedestrianised zone from the town clock. The pedestrian access to the flat is from the rear with an enclosed doorway off Well Street [Stryd y Ffynnon]

First Floor

Entrance Hall

Approached via an enclosed stairwell at the rear and having an independent door leading to the entrance

Room 1
31' 1'' x 14' 2'' (9.47m x 4.31m)
With window to front.

Room 2
17' 5'' x 12' 9'' (5.30m x 3.88m)
Whilst this room is accessed from the entrance hall it also connects with room 1 enabling it to be incorporated with room 1 or to be split into two with two windows to rear.

Second Floor Landing
0' 0'' x 0' 0'' (0.00m x 0.00m)
A staircase from the entrance hall leads up to this landing with doors to:-

Room 3
13' 4'' x 10' 7'' (4.06m x 3.22m)
Having window to front.

Room 4
17' 0'' x 12' 10'' (5.18m x 3.91m)
Having two windows to rear.

Third Floor Landing

Approached via the staircase from the second floor landing.

Room 5
10' 2'' x 9' 9'' (3.10m x 2.97m)
With window to front.

Room 6
10' 6'' x 6' 11'' (3.20m x 2.11m)
With window to rear.

Room 7
10' 11'' x 9' 5'' (3.32m x 2.87m)
With window to side.

Purchasers Note

It is intended to offer the property for sale on a new 150 year lease. Whilst the service charge calculation has yet to be finalised it is intended that a provision will be placed in the lease based upon due proportion of the area compared with the ground floor of the building. This will not be by an annual service charge but given the size of the property on an as and when basis. The upkeep of all the external elements and structure will be shared in due proportion and charged only as works are needed.