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About the property

***Auction Guide Price £800,000-£1,000,000*** EXCELLENT INVESTMENT OPPORTUNITY – Let Property producing good income (£117,000pa with Yield in region of 11% to 14%) Well-established, commercial investment on Bangor high street. Planning permission has been granted for 15 flats and 2 shops to be built in the adjoining car park. The property has also been given a positive pre-application for planning for a 55 bed hotel with bar and restaurant as an option to potential investors (subject to planning consent). The property is set in a popular and convenient location for both students and locals. Due to its location and size the property benefits from the University nightlife and has become a renowned location within the city. Internally the property is set out on multiple levels with bar area, multiple seating areas throughout, beer/seating garden area, commercial kitchen, with car park to rear and flat above. Read more
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Williams & Goodwin The Property People are members of the Guild of Property Professionals, National Association of Estate Agents, Association of Residential Lettings Agents, National Association of Valuers and Auctioneers and are Chartered Valuation Surveyors we are members of a National Network of approximately 800 independently owned and operated Estate Agents.

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