Property photos
Auction
From
£4,200,000
Property for sale
Bangor LL57Local area information
Property location
Nearby amenities
- Bangor Independent School 0.1 miles
- Ysgol Y Garnedd 0.3 miles
- Bangor (Gwynedd) 0.6 miles
- Llanfairpwll 3.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- To be offered on Wednesday 18 June
- Bids will be called before the auction date and will be requested by 12 noon on 10th June 2025 (please refer to notes)
- Prominent Freehold City Centre Shopping Centre Investment
- Comprising 64,321 sq ft of retail and leisure space
- Well located in the city centre
- Each shop benefits from street frontage
- Tenants include jd Sport, Cafe Nero, Hays Travel, 3 mobile, Superdrug and Greggs amongst others
- Ongoing asset management opportunities
- Please click here for the legal pack.
- VAT is applicable
- Six Week Completion Available
- Investment let at £508,000 p.a. (reflecting 12.10% giy off Guide Price)
Strapline
Auction Sale - 17/06/2025
Prominent City Centre Shopping Centre providing 19 seperate shop units, majority let. Current total rents £508,000 p.a. (reflecting 12.10% giy)
Description
Please click here for the legal pack.
The property is arranged over ground and one upper floor and arranged as 19 seperate units.
Each shop benefits from their own street frontage.
The Shopping Centre has no communal atrium, thus minimising the common parts.
To the rear is a service yard.
Location
The University city of Bangor lies on the North West Wales coast, some 9 miles north-east of Caernarfon, 18 miles south-west of Colwyn Bay and 50 miles west of Chester
Transport
Road - The city is the gateway to Anglesey and is served by the A55 North Wales Expressway
Rail - 0.5 miles from Bangor Railway Station provides both local and national services
Tenancy
Please see the tenancy schedule below
Current Net Rents Received £482,454,96 p.a.
Accommodation
Please see the schedule of accommodation and tenancies below.
Total floor area- 5,975 sq m (64,321 sq ft)
Auction Sale - 17/06/2025
Prominent City Centre Shopping Centre providing 19 seperate shop units, majority let. Current total rents £508,000 p.a. (reflecting 12.10% giy)
Description
Please click here for the legal pack.
The property is arranged over ground and one upper floor and arranged as 19 seperate units.
Each shop benefits from their own street frontage.
The Shopping Centre has no communal atrium, thus minimising the common parts.
To the rear is a service yard.
Location
The University city of Bangor lies on the North West Wales coast, some 9 miles north-east of Caernarfon, 18 miles south-west of Colwyn Bay and 50 miles west of Chester
Transport
Road - The city is the gateway to Anglesey and is served by the A55 North Wales Expressway
Rail - 0.5 miles from Bangor Railway Station provides both local and national services
Tenancy
Please see the tenancy schedule below
Current Net Rents Received £482,454,96 p.a.
Accommodation
Please see the schedule of accommodation and tenancies below.
Total floor area- 5,975 sq m (64,321 sq ft)
More information
Listed by
Savills - National Auctions
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