The property comprises a modern purpose built 3 storey retail unit with access directly onto Bangor Main Street. The property is from the rear with access via a service yard shared with the adjacent Flag Ship Shopping Centre.
Externally, the front is façade is clad with decorative stone and tiles, with the ground floor providing a full glazed frontage.
Internally the property provides a large open plan ground floor sales area with a central stair and escalator access to the first floor. It is finished to a good standard to include part timber and part tile floor coverings and a suspended ceiling with florescent tube lighting. The first floor also benefits from natural by way of a large central skylight above the main internal stairs.
£40,000 per annum
We are advised by LPS that the current NAV is £66,400, Rate in the £ for Ards and North Down, 2022/23 is £0.5223. Estimated Rates Payable 2022/23 £34,681 pa.
The property will benefit from the Back to Business Rate Support scheme which gives a 50% discount on rates for up to two years if the new tenant meets the eligibility requirements.
All prices, rentals and outgoings are quoted net of VAT which may be chargeable.
|Description||Sq. M||Sq. Ft|
|Ground Floor Sales||462.55||4,979|
|First Floor Sales||335.42||3,610|
|First Floor Ancillary Accommodation||80.28||864|
|Second Floor Ancillary Accommodation||73.73||793|
|Total Net Internal Area||951.98||10,246|
Contact: Mark Thallon
Tel: 028 9089 4066
Mobile: 07802 520008
Contact: Stephen Deyermond
Tel: 028 9089 4065
Mobile: 07968 727196
Bangor is a popular seaside city located on the shores of Belfast Lough, approximately 14 miles east of Belfast with a population of over 67,000.
The property on Main Street, regarded as the prime retail pitch within the city’s retail core and benefits from close proximity to the main public car parks, on street parking and the bus and rail transport hub. Nearby occupiers include Barclays Bank, Caffe Nero, CEX and Greggs.
A new pedestrian walkway outlined in red below is proposed directly opposite the property as part of the larger Queens Parade redevelopment of the city centre. The walkway will link the new retail, residential and office development to the main retail core of the city.
Term – 10 years
Rent – £40,000 per annum
Repairs – Effectively full repairing and insuring
An EPC cert can be provided upon request.