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> Auction calendar
> Selling a Property
> Buying a Property
Lot 11
Bangor, BT20 5AF
High Yielding Commercial Investment
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This is a traditionally constructed commercial property fronting Main Street providing a mid terrace two storey building with a linear single storey rear block forming part of a covered mall scheme. The property is made up of 5 no self contained own door ground floor units and a one first office unit accessed off Main Street. The units are secured by roller shutters.
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Retail/Office
All figures quoted are exclusive of and may therefore be liable to VAT.
Please download the Title Pack directly from the Savills Auction platform and any additional legal queries can be referred to the vendor’s solicitor.
The investment is being sold to a number of tenancies.
Bangor is a large coastal town and tourist resort in the heart of Co Down located approximately 12 miles (19 km) from Belfast. The property occupies a prime location on Main Street in the heart of the city centre. Neighbouring occupiers include Santander, Savers, Little Wing and Greggs.
An Energy Performance Certificate (EPC) will be available as part of the legal pack. EPC -
If no EPC rating appears please refer to the legal pack.
•Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.
•The reserve price is the minimum price at which the property can be sold.
•Both the guide price and reserve price may be subject to change up to and including the day of the auction.
•For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.
Please note that all prices listed, whether prior to or post auction, are subject to contract.
The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.
The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.
| 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|
| Property | Areas Sq ft (LPS source) | NAVs | Annual Rent | |
| No. 49 - British Heart Foundation | 1,604 | £11,600 | £13,500 | |
| No. 52 - Boom Studios & YMCA | 1,442 | £11,780 | £6,600 | |
| Unit 2a - Elysian Therapies | 506 | £5,100 | £4,200 | |
| Unit 2b - Vacant | 291 | £2,900 | £0 | |
| Unit 3 - Susan Mackey (Hairdressers) | 377 | £3,800 | £3,792 | |
| Unit 4 - Engraving NI | 334 | £3,350 | £3,996 | |
| Total | 4,553 | £32,088 |
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
