254 High Street, High Street, Bangor
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Let to O2
- Lease Expires 23/06/2026
- Producing £15,000 per annum
- Recent Tenant Refurbishment
- 2023 Break Not Exercised
- Asset Management Potential
- Pedestrianised Street
- Guide Price Reflects 16.67% Gross Yield
Description
Arranged across ground, first and second floors, the property is let in its entirety to Communications Plus Limited (t/a O2) for a term of five years expiring 23/06/2026 and paying £15,000 per annum.
The tenant has recently completed an extensive refurbishment and did not serve their 2023 break option, displaying confidence in the location.
The property occupies a prominent pitch fronting the pedestrianised Bangor High Street. The city is an administrative capital for the region and benefits from high footfall virtue of Bangor University.
254 High Street, High Street, Bangor
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bangor Station0.5 miles
- Llanfairpwll Station3.5 miles
About Savills, Savills, Auctions
33 Margaret Street, London, W1G 0JD
Notes
Disclaimer - Property reference 348ED394-7525-45C1-A102-15F5C5F71349. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.