Town Centre Investment Opportunity
Bangor, one of Northern Irelands most affluent and densely populated areas is located approximately 12 miles from Belfast with a resident population of c. 60,000 and a district catchment of c. 160,000.
The property is situated on Central Avenue close to its junction with Main Street in Bangor Town Centre. The immediate locality provides a mix of commercial businesses and residential dwellings.
The property comprises a two storey end terrace building of traditional construction with rendered external walls, pitched slate roof, two-storey flat roof rear return and benefits from a generous glazed shopfront.
The ground floor provides retail accommodation with ancillary office, storage, kitchen and WC facilities at 1st floor. Internal finishes include plastered & painted walls and ceilings with fluorescent strip lighting, laminate floors at ground and carpeted floors at 1st floor level.
The property is let to Age NI Enterprises Limited for a term of 3 years from 01/11/2018 on an Internal Repairing basis, at a rent of £8,400 per annum exclusive which is subject to an upwards only review on 01/05/2021.
Age NI Enterprises Ltd is a wholly owned subsidiary of Age NI