66 Main Street & 2-2A King Street,
Property Overview
- Features
- Location
- VAT
- Lease Details
- Viewing Details
The subject property comprises a prominent 3 storey end terrace with 4 lettable areas currently.
Ground Floor, 66 Main Street Available to Let
The unit is regular in shape with a glazed return frontage and is suitable for a range of retail uses, subject to the necessary statutory consents. The property has been finished to a shell and is ready for an incoming tenants fit out.
1st and 2nd Floor, 2A King Street
This unit is presently trading as a restaurant and comprises reception area, kitchen, staff room, store room and W.C facilities. The main restaurant area is finished with laminate wooden flooring, papered walls, ceiling and recessed spotlighting. The fully fitted kitchen is finished to a good standard. Male and female W.Cs and further storage is located on the 2nd floor.
Unit 2, 2 King Street
The unit presently trades as a café fronting onto King Street and has a glazed front with ceramic tiled floors, plastered and painted walls with recessed spot lighting. The kitchen is located to the rear along with a store.
Unit 2A, 2 King Street
This unit also trades as a café with glazed frontage to King Street, plastered and painted walls and recessed lighting. There is a kitchen / preparation area, W.C and store area.
Customer Due Diligence
As a business carrying out estate agency work we are required to verify the identity of both the vendor and the purchaser as outlined in the following:The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 – http://www.legislation.gov.uk/uksi/2017/692/madeAny information and documentation provided by you will be held for a period of five years from when you cease to have a contractual relationship with Lisney. The information will be held in accordance with General Data Protection Regulation (GDPR) on our client file and will not be passed on to any other party, unless we are required to do so by law and regulation.
Asking Price
Offers in excess of £400,000
Proposed Lease Details – Ground Floor Unit
Premises: Ground Floor Unit, 66 Main Street, Bangor
Term: By negotiation, subject to periodic upward only rent review.
Rent: £20,000 per annum excl.
Repairs & Insurance: Full Repairing and Insuring Terms.
The subject property comprises a prominent 3 storey end terrace with 4 lettable areas currently. Ground Floor, 66 Main Street Available to Let The unit is regular in shape with a glazed return frontage and is suitable for a range of retail uses, subject to the necessary statutory consents. The property
- 3 storey end terrace commercial property with return frontage.
- Centrally located on Main Street, Bangor.
- Prominent location on prime retailing pitch.
- Entirety of building comprises c. 5,430 sq ft.
- Ground floor unit available To Let.
Accommodation
Unit | Size (NIA) Sq Ft |
---|---|
GF 66 Main Street | 1,035 |
Unit 2, 2 King Street | 824 |
Units 3+4, 2A King Street | 534 |
1st + 2nd Floors, 2A King Street | 3,037 |
Total | 5,430 |
Tenancy Summary
Unit | Tenant | Rent P.A. | NAV | Term | End |
---|---|---|---|---|---|
GF 66 Main Street | Vacant | N/A (ERV £20,000) | £22,000 | TBC | TBC |
Unit 2, 2 King Street | Karl Leeman t/a Café King | £5,980 | £7,200 | 3 Years | 3 Years |
Units 3+4, 2A King Street | The Happy Coffee Bean | £3,500 | £5,200 | 4 Years | 20/9/2017 extended to 19/9/2019 |
1st + 2nd Floors, 2A King Street | Bokhara | £21,000 | £13,800 | 8 years | 01/9/2023 |
Current Total Income | £30,480 P.A. | ||||
Estimated Total Income | £50,480 P.A. |
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