.JPG&mw=486&mh=270)
Image 1 of 3
.JPG&mw=486&mh=270)
Image 2 of 3
.JPG&mw=486&mh=270)
Image 3 of 3
253 - 257 High Street, Bangor, North Wales LL57 1PB
Prime Retail Investment
Investment Summary
- Premises situated in prime location in
the city’s main retail pitch.
- Let to Top Shop and Holland &
Barrett.
- Tenants rated either 5A1 or 5A2.
- 10 year lease extension recently granted
to Holland & Barrett at a rebased rent of c£61 psf Zone A.
- Freehold and long leasehold.
- Historic university city and important
shopping destination.
- Total rental income is £119,700 per
annum.
- Offers in excess of
£1,320,000 subject to contract and exclusive of
VAT.
- Net Initial Yield of
8.57%, allowing for the usual purchaser costs of
5.8%.
Click here to download
the Brochure