The property comprises broadly rectangular parcel of land approximately 0.194 Hectare (0.48 Acre). It is currently suitable for open storage and given the location and surrounding uses it is considered to have development potential for some sort of retail, drive-thru or other road side use subject to the necessary consents being obtained. We understand that it previously was being considered for a Costa Drive-thru before Starbucks took the adjacent unit.
Location
The land is situated within the town's main out of town retail pitch, fronting the A4087 Caernarfon Road. It lies adjacent to a Starbucks, behind The Range and near to a KFC and Tesco Extra Supermarket. Other nearby occupiers include Next, Argos, Sports Direct and B &Q.
Bangor is a cathedral and university city and lies on the opposite side of the Menai Strait to the Sile of Anglesey. The railway station is on the North Wales Coats line from Holyhead to Chester and Crewe and the A55 runs to the south of the city.
Accommodation
Land approximately 0.194 Hectare (0.48 Acre) currently open storage with development potential for retail/roadside complementary uses STP
Terms
Tenure - Freehold under title CYM848466
Guide Price - £275,000 (Minimum Opening Bid: £270,000)
Buyers Administration Fee - There will be a Buyer's Administration Fee of £3,600 (inc VAT) payable upon exchange of contracts.
Specification
- Land approximately 0.194 Hectare (0.48 Acre)
- Development potential for retail/roadside complementary uses STP
- Fantastic location