RS-WS1
Let

66 Main Street & 2-2A King Street,

Co. Down, BT20 5AG
5,430 SQ.FT
Offers in excess of
£400,000
Retail Property

Property Overview

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

UnitSize (NIA) Sq Ft
GF 66 Main Street1,035
Unit 2, 2 King Street824
Units 3+4, 2A King Street534
1st + 2nd Floors, 2A King Street3,037
Total5,430

Tenancy Summary

UnitTenantRent P.A.NAVTermEnd
GF 66 Main StreetVacantN/A (ERV £20,000)£22,000TBCTBC
Unit 2, 2 King StreetKarl Leeman t/a Café King£5,980£7,2003 Years3 Years
Units 3+4, 2A King StreetThe Happy Coffee Bean£3,500£5,2004 Years20/9/2017 extended to 19/9/2019
1st + 2nd Floors, 2A King StreetBokhara£21,000£13,8008 years01/9/2023
Current Total Income£30,480 P.A.
Estimated Total Income£50,480 P.A.

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RS-WS1