Holland and Barrett 253 High Street Bangor Clwyd LL57 1PB

Holland and Barrett
253 High Street
Bangor
Clwyd
LL57 1PB

Town Centre Retail Investment

Let to Holland & Barrett Retail Ltd until 2031 (subject to option)
Tenant in occupation for over 35 years
Recently renewed lease
Prime position on pedestrianised High Street
Immediately adjacent to the Menai and Deiniol Shopping Centres
Nearby occupiers include Clarks, Trespass, The Works, O2, Cardfactory, Caffe Nero and Boots

Lot
31
Auction
26th March 2026
Rent
£18,000 per Annum Exclusive
Status
Available
Guide*
£200,000 - £225,000
Auction Venue
Live Streamed Auction

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Town Centre Retail Investment

Let to Holland & Barrett Retail Ltd until 2031 (subject to option)
Tenant in occupation for over 35 years
Recently renewed lease
Prime position on pedestrianised High Street
Immediately adjacent to the Menai and Deiniol Shopping Centres
Nearby occupiers include Clarks, Trespass, The Works, O2, Cardfactory, Caffe Nero and Boots

Lot 31
Auction 26th March 2026
Rent £18,000 per Annum Exclusive
Status Available
Guide* £200,000 - £225,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 9 miles north east of Caernarfon, 20 miles south-west of Colwyn Bay, 60 miles west of Chester
Roads: A5, A55
Rail: Bangor Railway Station
Air: Liverpool John Lennon Airport

Situation

The property is prominently situated on the North side of High Street immediately adjacent to the Deiniol Shopping Centre and less than 100 metres from the Clock Tower and Menai Shopping Centre. Nearby occupiers include Clarks, Trespass, The Works, O2, Cardfactory, Caffe Nero and Boots

Tenure

Virtual Freehold. The property is held under two 999 year leases. The ground and first floors are held from The Colonial Mutual Life Assurance Society from 23rd March 1989 and the basement is held from Sears Property Developments Limited from 8th September 1983 both at a peppercorn rent.

Location

Miles: 9 miles north east of Caernarfon, 20 miles south-west of Colwyn Bay, 60 miles west of Chester
Roads: A5, A55
Rail: Bangor Railway Station
Air: Liverpool John Lennon Airport

Situation

Tenure

Description

The property comprises retail accommodation on the ground floor and ancillary accommodation on the basement and first floor.

VAT

VAT is applicable to this lot.

Completion Period

8 week completion available.

EPC

Band C.

Description

The property comprises retail accommodation on the ground floor and ancillary accommodation on the basement and first floor.

VAT

VAT is applicable to this lot.

Completion Period

8 week completion available.

EPC

Band C.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Reversion
Ground First Basement	Retail Ancillary Ancillary	101.17 4.65 6.87	(1,089) (50) (74)	HOLLAND & BARETT RETAIL LIMITED (CRN: 02758955) (1)	5 years from 24/02/2026 (2)	£18,000 (3)	23/02/2031
Total Approximate Floor Area		112.69	(1,213)			£18,000

(1) Holland & Barrett are one of Europe's largest health and wellness retailers, supplying a wide range of vitamins, minerals, health supplements, specialist foods and natural beauty products. The company holds over 7,800 employees across Europe and more than 1,6000 stores across 19 Countries. For the year ending 30th September 2024 Holland & Barrett Retail Limited (CRN: 02758955) reported a Turnover of £645,665,000., Pre-Tax profits of negative (£72,119,000) and Net Assets of £368,610,000 (Source: Holland & Barrett Retail Limited Annual Report and Financial Statements as published at Companies House 03/03/2026).
(2) The lease provides for a Tenant option to determine on the third anniversary of the term.
(3) The lease provides for a three month rent free period from ??/03/2026. The Seller will pay to the Buyer the rent that would have been due from completion of the sale until the end of the rent free period. The property will effectively produce £18,000 p.a.x. from completion of the sale.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.