Prominent Second Floor Office Accommodation
Bangor is a thriving commuter town and popular tourist destination situated c. 12 miles east of Belfast and has a residential population of approximately 25,000 and a catchment area in excess of 200.000.
Bangor is well served by road communications, being located on the A2 providing links to Belfast and the A21 to the east and Newtownards. The subject is located on Main Street, in the heart of the Town Centre a short walk from Bangor bus and rail terminus.
The subject comprises cellular office space arranged over second floor level and could be adapted to open plan accommodation if required. The property is finished to a good standard to include painted / plastered walls, carpeted flooring, strip fluorescent lighting and UPVC double glazing with communal WC facilities.
Other occupiers in the vicinity include Minnis & Braden Solicitors, Neeson-Chambers Chartered Accountants, Telford Opticians and Pinkertons Estate Agents.
Second Floor Offices - c. 68 sq m (736 sq ft)
TERM/RENT REVIEWS: Negotiable subject to periodic upward only rent reviews.
RENTAL: £5,000 per annum
REPAIRS/INSURANCE: Effective full repairing and insuring lease
SERVICE CHARGE: Applicable
NAV / Capital Value
We are advised by the Land and Property Service that the current NAV for the subject is £3,000.
The commercial rate in the pound for 2018 / 2019 is £0.557373
Note - LPS Small Business Rate Relief for premises with an NAV of more than £2,000 but less than £5,000 is 25%.
This property is not subject to VAT