Commercial Property in Bangor available for sale
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Commercial Properties for Sale in the Bangor, UK

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More details for 29-33 Main St, Bangor - Retail for Sale

29-33 Main St

Bangor, BT20 5AF

  • Retail for Sale
  • £395,000
  • 10,246 sq ft

Bangor Retail for Sale - Outer Belfast

The property comprises a modern purpose built 3 storey retail unit with access directly onto Bangor Main Street. The property is serviced from the rear with access via a service yard, shared with the adjacent Flagship Centre Shopping Centre this is accessed via a Right of Way from Bingham Lane. The storage room to the rear benefits for a dock level roller shutter for deliveries. Externally, the front façade is clad with decorative stone and tiles, with the ground floor providing a full glazed frontage with attractive 2 storey central display window. Internally the property provides a large open plan ground floor sales area with a central stair and escalator access to the first floor. It is finished to a good standard to include part timber and part tile floor coverings and a suspended ceiling with fluorescent tube lighting. The first floor also benefits from natural light by way of a large central skylight above the main internal stairs The property also benefits from an 8 person passenger lift, sprinkler system, intruder alarm and fire alarm.

Contact:

TDK Commercial Property Consultants

Date on Market:

20/02/2025
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More details for 139 Main St, Bangor - Retail for Sale

139 Main St

Bangor, BT20 4AE

  • Retail for Sale
  • £199,950
  • 2,510 sq ft
  • 24 Hour Access

Bangor Retail for Sale - Outer Belfast

Situated in the heart of Bangor's bustling Main Street, this prime retail unit is an excellent investment opportunity. Currently tenanted by the long-established and successful retailer, Cotters, the property benefits from a high-profile position within the town’s main shopping area. Surrounded by major occupiers such as Asda, Boots, Menarys, Bangor Travel, and key services including Royal Mail, the location guarantees strong footfall and consistent demand. The property is also ideally located near the public transport hub, with convenient pay-and-display parking nearby, ensuring easy access for customers. With a current rental income of £15,000 per annum, this property offers not only a reliable income stream but also significant potential for further development, allowing for the opportunity to enhance the rental yield in the future.

Contact:

Neill Estate Agents

Date on Market:

19/11/2024
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LoopNet UK Co Down Commercial Properties For Sale in Bangor, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Bangor

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How many Commercial Property listings are available for sale in Bangor?
There are currently 9 Commercial Properties available for sale near Bangor. These Bangor Commercial Property listings have an average size of 10,345 sq ft. The largest available listing in Bangor is 20,727 sq ft. The thriving commercial centre and excellent transport links in Bangor make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Bangor?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Bangor currently range from £29 to £143 per square foot. While the average net initial yield for Commercial Properties is 8.16%.
What other types of commercial property are available for sale in Bangor?
There is a diverse range of commercial properties available in Bangor to suit various business needs. Bangor offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 9 Bangor commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Bangor, UK

Market Overview for Commercial Properties in Bangor

Key information for Commercial Properties investors in Bangor and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Bangor £73 10,345 sq ft
Douglas £90 6,966 sq ft
Isle Of Man £161 3,443 sq ft
Ramsey £29 30,688 sq ft

Rental Price Trends in Bangor

The price per square foot range for Commercial Properties in Bangor and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Bangor £29 £73 £143
Douglas £39 £90 £136
Isle Of Man £95 £161 £393
Ramsey £29 £29 £29

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Bangor area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Bangor 1,231 sq ft 10,345 sq ft 20,727 sq ft
Douglas 1,750 sq ft 6,966 sq ft 13,061 sq ft
Isle Of Man 505 sq ft 3,443 sq ft 15,574 sq ft
Ramsey 30,688 sq ft 30,688 sq ft 30,688 sq ft
Downpatrick 5,956 sq ft 5,956 sq ft 5,956 sq ft

You searched for commercial property for sale in Bangor. Explore 8 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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