£220,000
(£100.00/sq. ft)
Property for sale1 Ash Court, Parc Menai, Bangor, Gwynedd LL57
2,200 sq. ft
Leasehold
About this property
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
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) - 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
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
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) - 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
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
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