No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Plans
£185,000
Reduced < 7 days

Property for sale

Bangor, Gwynedd
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Property
0 bed
0 bath

Property description & features

  • 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
Being most prominently situated directly opposite Bangors cathedral at the point where the pedestrianised zone of the High Street merges into the traffic zone is this substantial triple fronted listed property for which 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.

Note to customers:
The property was historically used to provide part of the Debenhams departmental store premises a number of years ago. This provided over 55 foot of frontage to the High Street with over 2,500 square feet of retail space. Whilst the internal boundaries between this and the adjoining premises currently remain open any purchaser would need to create physical boundary in compliance with current regulations and arrange for services to be provided to the new unit in order to develop this site.

Tenure
We have been advised by the seller that the property is being offered on a Freehold basis.

Material Information
Since September 2024 Gwynedd Council have introduced an Article 4 directive so, if you're planning to use this property as a holiday home or for holiday lettings, you may need to apply for planning permission to change its use. (Note: Currently, this is for Gwynedd Council area only)

Tenure: Freehold

Places of interest

    Estate Agents In North Wales You Can Trust! Williams & Goodwin have been selling, buying and renting property in North Wales since the early 1980s and are ideally placed to give you the right advice on presentation, marketing and price. We are independent estate agents committed to providing a friendly and personal customer service. At Williams & Goodwin The Property People, we are here to let or sell your property in the fastest time, for the best price, in the easiest and most stress-free way possible, helping everyone achieve their ideal home with 4 sales and letting offices covering Anglesey & Gwynedd Williams & Goodwin The Property People Ltd also have a dedicated property Management department and Auction division with All Wales Auction. Qualified by examination and experience to give you the guarantee of a dedicated exceptional service. The company has won over 30 top industry awards in recent years in Sales, Lettings & Auctioneering. Members of The Guild Of Professional Estate agents we link to over 750 offices throughout the UK and we are members of RICS, NAEA, ARLA and NAVA.  Our Holyhead & Llangefni offices also have Principality Building Society agencies.

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    Property reference 9258422. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Williams & Goodwin The Property People - Bangor.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.