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4 bedroom Commercial Property 37-39 Farrar Road, Bangor

Price

From £550,000

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Summary

An exceptional property, completely renovated throughout in 2018, offering residential and commercial use. Generating an annual income of £60,788.71 for 24/25, providing immediate income for a hands-off investor. To the left-hand side of the property are 2x two bedroom high yielding rental properties, with a lower ground floor apartment and upper floor house split across two floors, offering en-suite accommodation. Providing a combined 24/25 income of £35,788.71. On the right hand-side of the building is a well established Dance Academy with a leasehold agreement until 2029 and annual rent of £25,000. Quality contract grade furniture has been installed throughout, for longevity and comes included within the sale price. The kitchens have Clerkenwell Gloss Door slabs with 19mm thickness, built to stand the test of time. A well thought through premises, aimed at a long term investor. Private parking space and garage, situated to the left of the property, along with additional land to the right and rear of the Dance Studio.

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WC (39)

Size

1m x 1m

Lower GF Studio 2 (39)

Size

3m x 8m

Kitchen (37A)

Size

2m x 2m

Office (39)

Size

4m x 3m

GF Changing Room (39)

Size

2m x 3m

Bathroom (37A)

Size

2m x 2m

GF Studio 1 (39)

Size

3m x 8m

Bedroom 1 (37A)

Size

3m x 4m

Bedroom 2 (37A)

Size

3m x 3m

Living Room (37A)

Size

3m x 4m

Lower GF Changing Room (39)

Size

1m x 3m

Kitchen/Eatery (39)

Size

3m x 7m

Dance Studio (39)

Size

7m x 7m

Living Room (37)

Size

3m x 7m

Kitchen (37)

Size

3m x 4m

Bedroom 1 (37)

Size

4m x 4m

Bedroom 1 En-Suite (37)

Size

2m x 2m

Bedroom 2 (37)

Size

4m x 5m

Bedroom 2 - Ensuite (37)

Size

1m x 2m

Utility Room (37)

Size

2m x 2m

Dining Area (37)

Size

2m x 3m

Store Cupboard (37)

Floor plan of property