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- Current gross rental income of ?28,800 pax with the opportunity to increase this on letting of the vacant properties.
- Consideration may be given to the sale of smaller lots or individual properties.
- Offers in the region of ?485,000 exclusive, subject to contract for the entire portfolio.
Additional Information*Forms part of a Commercial Property Portfolio which also includes 76 Abbey Street, 14-16 Central Avenue & 6 Dufferin Avenue, Bangor*
Bangor, one of Northern Irelands most affluent and densely populated areas is located approximately 12 miles from Belfast with a resident population of c. 60,000 and a district catchment of c. 160,000.
The subject properties are all situated within the Town Centre, enjoying prominence and excellent levels of passing traffic and footfall.
40 High Street - Prominent building situated at the junction of High St and Bingham St, of traditional construction with painted render finish to the front elevation, pebbledash finish to the side elevation and a pitched slate roof. Extending over three floors and benefitting from a glazed shopfront with return frontage onto Bingham St, the property is currently fitted as a hair salon at ground & 1st floor to include wc and kitchen facilities with a store at 2nd floor. Internal finishes include plastered/painted walls & ceilings with spot lighting, part laminate, tiled and wooden floors and is heated by a gas boiler feeding perimeter radiators. This property forms part of a terrace with 48-52 Bingham Street.
48 Bingham Street - Two storey terraced property of traditional construction with a pebbledash render facade and pitched slate roof. Configured as a sandwich bar at ground floor with prep/ancillary accommodation and wc at 1st floor, internal finishes include plastered/ painted walls & ceilings, spot lighting and laminate flooring.
50 Bingham Street - Two storey terraced property of traditional construction with a pebbledash render facade and pitched slate roof. Fitted as a chiropody/podiatry clinic to provide waiting & treatment areas at ground floor with further treatment area, kitchen and wc at 1st floor. Internal finishes include plastered/painted walls & ceilings, strip lighting and laminate flooring.
52 Bingham Street - Two storey terraced property of traditional construction with a pebbledash render facade and pitched slate roof. Fitted as a beauty clinic to provide waiting area & treatment room at ground floor with further treatment areas, kitchen and wc at 1st floor. Internal finishes include plastered/painted walls & ceilings, spot lighting and laminate floor tiles.
76 Abbey Street - Two storey building of traditional construction with rendered front elevation, pitched slate roof and a two storey rear return. Arranged to provide office accommodation at ground floor with further offices, kitchen and wc facilities at 1st floor. Internal finishes included part plastered/papered and painted walls and ceilings, wood laminate and carpet floor coverings and fluorescent strip lighting.
14-16 Central Avenue - The property is a two storey end terrace building of traditional construction with rendered external walls, pitched slate roof, two-storey flat roof rear return and benefits from a generous glazed shopfront. The ground floor provides retail accommodation with ancillary office, storage, kitchen and wc facilities at 1st floor. Internal finishes include plastered & painted walls and ceilings with fluorescent strip lighting, laminate floors at ground and carpeted floors at 1st floor level.
6 Dufferin Avenue - Two storey plus attic mid-terrace property of traditional blockwork construction with a pitched slate roof and a single storey flat roof rear return. Formerly fitted out as a hot food takeaway, the premises benefits from glazed shopfront with ancillary accommodation at 1st & 2nd floors. The property provides a range of internal finishes to include plastered & papered/painted walls, part suspended/ part plastered ceilings, painted and laminate floors.
We are advised that the properties are held under various Long Leasehold Interests.
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