The Menai Centre
Address
Garth Road, Bangor LL57 2RG, Wales
Auction date
17 Jun 2025
Guide price
£3,750,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Auctioneer
Savills
Description
The Menai Centre is a prominent city centre shopping complex featuring 19 individual retail units. The majority of the units are currently let, yielding total rents of £508,000 per annum, which reflects a gross initial yield of 13.54% based on the guide price.
- Freehold investment opportunity
- 64,321 sq ft of retail and leisure space
- Well positioned with street frontages for each shop
- Includes tenants such as JD Sports, Cafe Nero, and Greggs
- Potential for ongoing asset management
Last update: 16 Jun 2025
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