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- Retail & Apartment Investment / Redevelopment Opportunity in Prominent Town Centre Location
Additional InformationBangor is located in one of Northern Ireland’s most affluent and densely populated areas with a catchment of c. 400,000 people. The Marina is one of the largest in Ireland (holding ‘Blue Flag’ status) and is a major attraction and together with Pickie Fun Park and the beaches, brings tourists to the town throughout the year.
The property is prominently located in Bangor town centre a short distance from the train station and harbour and is convenient to the towns numerous leisure, retail and restaurants and consists of a retail unit of c. 365 sq ft. with private space in front and a spacious two bedroom apartment. Although most recently utilised as a hairdressers this versatile unit would also suit a wide variety of alternative retail / office / café uses subject to any necessary planning consents and is in good decorative order.
Other commercial occupiers in the area include Floral Design Ltd, Azure Beauty Clinic, Sight Care Opticians, Terry Bradley Studio, Leon Smith Architects, Hair Lounge and a Maxol / Spar Petrol Filling Station.
The retail unit is fitted to include a fully uPVC double glazed shop unit with front roller shutters, tiled floor and painted / plastered walls with a store, kitchen & WC to the rear.
The recently redecorated self–contained two bedroom apartment extending to c 690sq ft is fitted to include carpeted & vinyl floors and painted walls. Partially uPVC double glazed, it comes with fitted kitchen, large living room, second bedroom and a cloakroom with WC. On the second floor is the main bathroom with shower and WC and a master bedroom boasting sea views. Gas fired heating was installed in the last 2 years.
This is an opportunity to acquire a business asset with a location close to good public transport links to Belfast & beyond and with a rental potential of c. £10,500 per annum. It is anticipated that interest in this property will be high and early viewing is recommended.
Due to the adaptability of this particular property, we expect it to be of interest to owner occupiers, investors or developers wishing to covert the property back to a house.
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