Commercial property for sale in 1 Ash Court, Parc Menai, Bangor, Gwynedd LL57, £250,000

250,000.00

Offer Nr.:
62064464
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Legat Owen
Phone(s):
01244 725429

* Leasehold
* Office investment for sale
* 2, 200 sq ft @ £250, 000
* Passing rent = £14, 400 pa
* Total rent when fully let = £26, 400
* Each suite qualifies for small business rate relief
For sale
1 Ash Court, Parc Menai, Bangor
Total of 2, 200 sq ft
9 allocated car spaces
Provides 3 lettable suites + kitchen + wcs
Suite A (1, 000 sq ft) - Vacant - 5 car spaces
Suite B (600 sq ft) - Let to Tiffany Lazic - 3 yr lease from 1 May 2023 - 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
Passing rent = £14, 400 pa
Total income when fully let = £26, 400 pa
WC's and kitchen are shared.
High speed internet via "Fibrespeed" is available
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

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