- Substantial Mixed Commercial & Residential Development Opportunity
- Probably the City Centres Most Pominent Location Directly Opposite Cathedral
- Located As Pedestrian and Traffic Zones Merge
- Listed Building Consent Granted to Provide 3 Retail Units & 5 Apartments
- All 5 Apartments Provide 2 Bedrooms Some With Attractive Views
- EPC: N/A
Retail Property (High Street) for sale in Bangor, Gwynedd
Listed building consent has been obtained to convert the property to provide 3 retail units to the ground floor and 5 x 2 Bedroomed apartments to the first and second floor. Being situated within a few yards of national retailers and in addition to local restaurants, retailers and cafes the development provides a great opportunity to create a diverse income from both retail units and residential lets with demand for 2 bedroomed accommodation in the area being consistently strong and similar sized units letting at figures in the region of £600 to £700 per calendar month.
With a large university population also being present in the city higher income is possible for the residential units if considering shared accommodation and whilst consent has been granted for 3 retail units in our opinion the layout could be altered to provide a larger single unit if preferred.
Important Information
- This is a Freehold property.
Property Ref: 243334_RX563569
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Williams & Goodwin The Property People (Bangor)
313 High Street, Bangor, Gwynedd, LL57 1UL
01248 355333
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