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14-16 Central Avenue, Bangor

Town Centre Investment Opportunity

Price £100,000

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Location

Property Details

Type
Status

Investment
For Sale

Location
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.

Description
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.

Tenancy Details
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

Features

Download Brochure (PDF 478.2 KB)

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