217B High Street Bangor Gwynedd LL57 1NY

  • 217B High Street<br>Bangor<br>Gwynedd<br>LL57 1NY

217B High Street
Bangor
Gwynedd
LL57 1NY

Freehold Retail Investment

  • Let to TUI UK Retail Limited (t/a Thomson)
  • Lease renewed from a previous 15 year lease with a re-based rent
  • Pedestrianised position on High Street
  • Important University and Cathedral City
  • Nearby occupiers include New Look, WH Smith, Pandorer and Santander Bank
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    85
  • Auction
    13th October 2016
  • Rent
    £27,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
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Freehold Retail Investment

  • Let to TUI UK Retail Limited (t/a Thomson)
  • Lease renewed from a previous 15 year lease with a re-based rent
  • Pedestrianised position on High Street
  • Important University and Cathedral City
  • Nearby occupiers include New Look, WH Smith, Pandorer and Santander Bank
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 85
  • Auction 13th October 2016
  • Rent £27,000 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
15 miles west of Colwyn Bay, 20 miles south-west of Llandudno, 60 miles west of Chester
Roads
A5, A55, A487
Rail
Bangor Railway Station
Air
Liverpool John Lennon Airport, Anglesey Airport
Situation

Bangor is an important University and Cathedral City some 4 miles west of Snowdonia National Park. The property is situated on the north side of pedestrianised High Street in the City Centre, close to its junction with Waterloo Street and some 60 metres to the south of the Deiniol Shopping Centre. Nearby occupiers include New Look, WH Smith, Pandorer and Santander Bank.

Tenure

Freehold.

Location
Miles
15 miles west of Colwyn Bay, 20 miles south-west of Llandudno, 60 miles west of Chester
Roads
A5, A55, A487
Rail
Bangor Railway Station
Air
Liverpool John Lennon Airport, Anglesey Airport
Situation

Bangor is an important University and Cathedral City some 4 miles west of Snowdonia National Park. The property is situated on the north side of pedestrianised High Street in the City Centre, close to its junction with Waterloo Street and some 60 metres to the south of the Deiniol Shopping Centre. Nearby occupiers include New Look, WH Smith, Pandorer and Santander Bank.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with ancillary accommodation on the first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground
First
Second		 Retail
Ancillary
Ancillary		 52.80 sq m
42.44 sq m
Not Measured
 (568 sq ft)
(457 sq ft)		 TUI UK LIMITED
t/a Thomson (1)		 5 years from 17/07/2015 on a full repairing and insuring lease £27,000 16/07/2020
Totals   104.18 sq m (1,121 sq ft)     £27,000  

(1) TUI Group is the world's number one tourism business serving 30 million customers and operating from 1,800 travel agencies, six airlines, over 130 aircraft and 300 hotels and 13 cruise liners with some 76,000 employees. It is jointly listed on the London and Frankfurt Stock Exchanges (Source: www.tuigroup.com).

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Russell-Cooke LLP 8 Bedford Row
London
WC1R 4BX
Kathrin McClintock 0207 440 4834Kathrin.McClintock@Russell-Cooke.co.uk  Thomas Ferguson 02074 404 808thomas.ferguson@russell-cooke.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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