Property for Auction in Wales - 146-148 High Street, Bangor LL57 1NT

Former High Street Bar/Restaurant Providing Redevelopment Opportunity. Offered for sale is this prominently positioned former bar/restaurant with car park and seating area, having floorspace measuring 837sqm. In 2016 planning was approved for the erection of a 4 storey building to the right (as you look at the frontage), which was to include two shops and 15 living units for students. The application has now lapsed but can be found on the Gwynedd Planning Portal using reference: C16/0677/11/LL. Alternatively, the property could be re-opened for its previous usage being extensive bar areas and a reputation as a premier sports venue with kitchen and owners’ accommodation. Buildings like this rarely come to the market in the heart of this University City, positioned nearby to the halls of residence.

Bangor is a vibrant cosmopolitan city, regarded as the "City of Learning" with the university providing courses and facilities that attract students from all around the world. There are plentiful schools and further education facilities complimented by the vast range of amenities that include excellent high street shopping, out of town retail parks, numerous supermarkets, a mainline railway station with regular trains to London. At the heart of the City is the Pontio arts centre offering something for everyone all year round. The A55 expressway is only a short drive away allowing easy access to the Isle of Anglesey, the North Wales coastline and the motorways beyond. Lying in the shadows of the Eryri National Park, Bangor is perfectly placed for all outdoor activities. Tenure Freehold ACCOMMODATION Please refer to the floorplan for the layout of accommodation. Viewings Through partner agents Dafydd Hardy Estate Agents (Bangor) on 01248 711999. Energy Efficiency Rating (EPC) Current Rating C Local Authority Gwynedd County Council Solicitors TLT Solicitors, 1 Redcliff Street, Ref: TLT Solicitors, Tel: 0117 9177777 Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.