Of interest to Owner Occupiers, Developers and Investors
Change of use potential on the first and second floors (subject to consents)
Nearby occupiers include Boots the Chemist, Costa Coffee, Caffé Nero, KFC and JD Sports
Less than £10 psf Capital Value on Guide Price
Lot 42
Auction 31st March 2022
Vacant Possession
Status Sold
Price £158,000
Sector High Street Retail/Residential/Development
Auction Venue Live Streamed Auction
On Behalf of Trustees
Property Information
Location
Miles
9 miles north-east of Caernarfon, 60 miles west of Chester
Roads
A5, A55, A487
Rail
Bangor Railway Station
Air
Liverpool John Lennon Airport
Situation
Bangor is a lively University Cathedral City in North West Wales. The property is in a good retailing location at the edge of the City's prime pitch in the centre of Bangor. There are a number of other national retailers close by including Boots the Chemist, Costa Coffee, Caffé Nero, KFC and JD Sports.
Tenure
Freehold.
Location
Miles
9 miles north-east of Caernarfon, 60 miles west of Chester
Roads
A5, A55, A487
Rail
Bangor Railway Station
Air
Liverpool John Lennon Airport
Situation
Bangor is a lively University Cathedral City in North West Wales. The property is in a good retailing location at the edge of the City's prime pitch in the centre of Bangor. There are a number of other national retailers close by including Boots the Chemist, Costa Coffee, Caffé Nero, KFC and JD Sports.
Tenure
Freehold.
Description
The property comprises a large shop arranged on the ground, basement, first and second floors. The first and second floors provides for a large storage area which could be converted to other uses (subject to planning and consents).
VAT
VAT is applicable to this lot.
Note
Please note the buyer will pay 1.5% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
Completion Period
6 Week Completion
EPC
Band D.
Description
The property comprises a large shop arranged on the ground, basement, first and second floors. The first and second floors provides for a large storage area which could be converted to other uses (subject to planning and consents).
VAT
VAT is applicable to this lot.
Note
Please note the buyer will pay 1.5% plus VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
