Commercial property for sale in 1 Ash Court, Parc Menai, Bangor, Gwynedd LL57

£220,000 (£100/sq. ft)
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Commercial property for sale

2,200 sq. ft*

Property features

  • Office investment for sale - Also would site owner occupier
  • 2,200 sq ft @ £220,000
  • Passing rent = £14,400 pa
  • Total rent when fully let = £26,400
  • Each suite qualifies for small business rate relief

Property description

For sale
1 Ash Court, Parc Menai, Bangor
Total of 2,200 sq ft
9 allocated car spaces
Provides 3 lettable suites + kitchen + wcs
Suite A (1,000 sq ft) - Vacant - 5 car spaces
Suite B (600 sq ft) - Let to Tiffany Lazic - 3 yr lease from 1 May 2023 - 2 car spaces
Suite C (600 sq ft) let to Kimberley Gulf Ltd - 9 yrs from 1 Dec 2021 with breaks every 3 years - 2 car spaces
Passing rent = £14,400 pa

Total income when fully let = £26,400 pa

WC's and kitchen are shared.
High speed internet via "Fibrespeed" is available

Each suite qualifies for small business rates relief

Purchase is of the long lease to expire Feb 2254 for sale
Copy of long lease available upon request

Ideal sipp purchase
Well presented space
VAT is payable
Sale anticipated to be by way of togc

Property info

Floorplan(s): Photo 19

Photo 19 View original

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Legat Owen, CH1 on +44 1244 725429 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Legat Owen, and do not constitute property particulars. Please contact Legat Owen for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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