Office for sale

1 Ash Court - PRICE REDUCED, North Wales A55, Parc Menai, Bangor, Gwynedd, LL57 4DF

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Contact Agent

Call Agent 01244 408200

Marketed by

Legat Owen Chester

Albion House, Albion St, Chester CH1 1RQ, UK

Properties for sale Properties to let

Under Offer

1 Ash Court - PRICE REDUCED, North Wales A55, Parc Menai, Bangor, Gwynedd, LL57 4DF

1 of 9

Guide Price

£220,000

1 Ash Court - PRICE REDUCED, North Wales A55, Parc Menai, Bangor, Gwynedd, LL57 4DF

2200 sq. ft (204.39 m²)

Contact Agent Call Agent 01244 408200

Key features

Office investment for sale - Also would site owner occupier
2,200 sq ft at £220,000
Passing rent = £14,400 per annum
Total rent when fully let = £26,400
Each suite qualifies for small business rate relief

Description

FOR SALE
1 Ash Court, Parc Menai, Bangor
Total of 2,200 sq ft
10 allocated car spaces
Provides 3 lettable suites + kitchen + WCS
Suite A (1,000 sq ft) - Vacant - 6 car spaces
Suite B (600 sq ft) - Vacant - 2 car spaces
Suite C (600 sq ft) let to Kimberley Gulf Ltd - 9 yrs from 1 Dec 2021 with breaks every 3 years - 2 car spaces
Total income when fully let = £26,400 pa
WC's and kitchen are shared.
High speed internet via ''Fibrespeed'' is available
Estate Charge c £4,000 pa (Not fixed) payable by landlord for estate management services
Each suite qualifies for small business rates relief
Purchase is of the long lease to expire Feb 2254 for sale
Copy of long lease available upon request
Ideal SIPP purchase
Well presented space
VAT is payable
Sale anticipated to be by way of TOGC

Reference: 5026_sales

All commercial properties for sale in Bangor

Marketed by

Legat Owen Chester

Albion House, Albion St, Chester CH1 1RQ, UK

Properties for sale Properties to let