Property for sale

Bangor, Gwynedd

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01248 308925

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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

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Williams & Goodwin The Property People - Bangor

313 High Street Bangor Gwynedd LL57 1UL

01248 308925

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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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*DISCLAIMER

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.

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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:

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

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Mobile phone signal availability and predicted strength

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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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