A retail premises in the centre of Bangor, with the potential for flats above subject to planning permission, is up in Bond Wolfe’s auction next month.
The four-storey property at 163-165 High Street will appear in the livestreamed auction on Thursday 13 July with a guide price of £135,000+.
Ian Tudor, commercial auction director at Bond Wolfe, explained that Bangor is a historical university city located on the north-west coast of Wales near the Mennai Strait and the island of Anglesey, approximately 20 miles west of Colwyn Bay.
Mr Tudor said: “These attractive freehold retail premises are currently vacant, although until recently they were occupied by Pound Stretcher.
“The premises currently benefit from planning permission for uses which include but are not limited to a shop, café, restaurant, showroom, medical health and offices uses, as well as being suitable for alternative uses subject to planning permission.
“An added benefit is excellent residential conversion opportunities to convert the upper floors to residential uses, subject to planning permission.
“The property prominently fronts the High Street within the heart of Bangor city centre with a diverse mix of retailers together with bars, restaurants and cafes close by.”
Mr Tudor added that the total space in the property was 5,474 sq ft, with 1,950 sq ft on the ground floor, 1,152 sq ft in the basement, and 298 sq ft of ancillary space shared by the ground floor and first floor.
There was then 766 sq ft on the first floor, 802 sq ft on the second floor and 506 sq ft on the third floor.
The Bangor property is just one of 185 lots appearing in Bond Wolfe’s auction which is due to start at 9am on Thursday 13 July.
The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.
For more details and to register to bid visit www.bondwolfe.com/property-auctions-west-midlands/ or email auctions@bondwolfe.com, or call 0121 312 1212 or 01902 928 510.
