High yield potential for sale

311 High Street, Bangor, Gwynedd, LL57 1UL Sold

  • SOLD BY CONNECT UK AUCTIONS
  • Freehold
  • Investment Opportunity
  • Circa 3,197 Square Feet / 297 Square Metres
  • Viewings: By appointment only.
  • Excellent Location
  • Five Floors
  • Full Auction Legal Pack Available on Request
  • Auction Finance Available By Request
  • The shop is currently let at £500 pcm, but can be sold with vacant possession if required

DESCRIPTION:

A Freehold Property over Five Floors. Circa 3,197 square feet, offering future potential subject to all consents. Perfect for Investors. The shop is currently let at £500 pcm, but can be sold with vacant possession if required.

ACCOMMODATION:

Basement: Circa 729 Square Feet / 67.7 Square Metres

Ground Floor: Circa 786 Square Feet / 73 Square Metres

First Floor: Circa 791 Square Feet / 73.4 Square Metres

Second Floor: Circa 439 Square Feet / 40.7 Square Metres

Third Floor: Circa 453 Square Feet / 42 Square Metres

Total: Circa 3,197 Square Feet / 297 Square Metres

LOCATION:

Bangor is a cathedral city and community in Gwynedd, North Wales. It is the oldest city in Wales. Historically part of Caernarfonshire. Landmarks include Bangor Cathedral, Bangor University and Garth Pier. The Britannia and Menai Suspension bridges connect the city to the Isle of Anglesey. The origins of the city date back to the founding of a monastic establishment on the site of Bangor Cathedral by the Celtic saint Deiniol in the early 6th century AD. 'Bangor' itself is an old Welsh word for a wattled enclosure, such as the one that originally surrounded the cathedral site. The present cathedral is a somewhat more recent building and has been extensively modified throughout the centuries. While the building itself is not the oldest, and certainly not the biggest, the bishopric of Bangor is one of the oldest in the UK.

VIEWING:

By appointment only. Friday 3rd May

TENURE:

Freehold.

UNCONDITIONAL LOT:

Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 5% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).

*Connect UK Auctions does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. All displayed property boundaries use data provided by Land Registry and is assumed to be correct and updated regularly. However for the avoidance of doubt all displayed property boundaries are indicative and for marketing purposes only.

Reference: CCM-2170714

  • Auction
floorplan

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