- Additional Information
- Share This Property
- Personal Notes
- Prominent Development Opportunity with the Benefit of Short Term Investment Income
Additional InformationBangor is a thriving commuter town and popular tourist destination situated c. 12 miles east of Belfast City. The town has a residential population of approximately 25,000 with a wider catchment area in excess of 200,000 persons.
Bangor is well served by road communications being located on the main A2 providing links to Belfast and the A21 which provides links to the east of the province and Newtownards.
The subject comprises an extremely prominent site at the entrance to Bloomfield Shopping Centre and Bloomfield Road Roundabout, both of which benefit from high levels of passing vehicular traffic.
The opportunity comprises a prominent corner site extending to c. 0.3 acres with frontage onto the internal estate road for Bloomfield Shopping Centre with neighbouring tenants including McDonalds and Tesco.
The holding is currently occupied by a number of tenants arranged over two buildings including a single storey hot food unit and a two storey property currently trading as a bar, off licence and pool hall.
The subject has future potential, subject to planning, for a commercial or residential development. Alternatively, various asset management opportunities exist to include formalising longer term rental agreements to secure the current annual income of £86,000.
Share this property
Add a personal note about this property
You can add your own personal notes about this property.
You can view all your notes by going to My PropertyPal.com.
You can remove this note at any time.
Notes can only be seen by you and any pals you have added, they cannot be viewed by the vendor or estate agent.
Are you selling this property?
Promote your listing on PropertyPal to get more exposure and put your property in front of the right people.
Not your property? Click here to search for your property.
Option 1: Featured Listing
Get one boost to the top of the search results every week for the duration of your order.
Additionally, your property appears as featured at the top of the search results on selected dates and locations.
Option 2: Premier Listing
Get an automatic boost to the top of the search results every week for the next 4 weeks.
Additionally, your property appears as enhanced with extra photos and a description for the lifetime of your listing.
Spotted a Problem? Even the best agents make mistakes, help us to maintain accurate property information on our listings. Report a problem »