The Old Glan And Hen

Bangor, LL57 1LH

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£ 525,000 Offers in Excess of Freehold

Size 3,805 sq ft

Overview

Mixed use retail and residential investment property

Ground floor restaurant 2,468 sq ft

First floor accommodation
Communal areas - 626 sq ft
Bedroom 1 - 106 sq ft
Bedroom 2 - 121 sq ft
Bedroom 3 - 133 sq ft
Bedroom 4 - 171 sq ft
Bedroom 5 - 171 sq ft

TOTAL 3,805 sq ft

Freehold - offers in excess of £525,000.00

Features

  • Mixed use commercial and residential property
  • Freehold
  • Long let restaurant on the ground floor with 11 years remaining
  • Fully refurbished first floor student accommodation
  • Net initial yield of of 9.63%
  • Offers in excess of £525,000
  • Low capital value of £137.97 p.s.f
  • Total rent roll of £52,600
  • First floor student accommodation
  • Prominent location fronting council owned car park

Location

The property is located in Bangor town centre and occupies a prominent position on Sackville Road

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For Sale
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The Old Glan And Hen

Bangor, LL57 1LH

Size 3,805 sq ft

£ 525,000 Offers in Excess of Freehold

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