Newtownards
33 High Street
£395,000 Offers Around
View PropertyAnnually
£125,000
Bangor has now been awarded city status and is located in North Down approximately 14 miles east of Belfast. The city serves as a popular commuter hub as well as being a desirable retail and leisure destination. Bangor has a population of c. 60,000 (2011 census) and encompasses a wide catchment of c. 156,000 within the Ards and North Down Borough Council. The property occupies a prime position fronting main street and is in close proximity to a number neighbouring occupier which include Caffe Nero, Greggs, Boots chemist and Barclays.
The subject property comprises a former TK Maxx retail unit arranged over ground and first floor and benefits from an escalator and a customer lift. Internally the unit is finished to include suspended ceiling with fluorescent strip lighting and mounted heating/cooling cassettes. Ample storage is provided for on both floors as well as staff facilities including canteen and WC.
Term: By negotiation
Rent: £125,000 per annum exclusive
Repairs: Effective full repairing lease via service charge
Insurance: Tenant to reimburse landlord for insurance premium
Ground Floor – 11,892 sq ft (1,105 sq m)
First Floor – 12,178 sq ft (1,131 sq m)
Total – 24,070 sq ft (2,236 sq m)
EPC – C61
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