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The Menai Centre
Address
See address
Auction date
02 Jul 2025
Guide price
£3,500,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Ended
Description
This prominent shopping centre in the city centre consists of 19 separate shop units, mostly occupied, generating a total rental income of £508,000 per annum, reflecting a gross initial yield of 14.5%
Last update: 22 Jun 2025
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Offering a substantial unbroken freehold investment, the property consists of a parade of 5 shops, which includes a triple fronted grocery store and two double fronted shops. Additionally, there are 7 separately let maisonettes above. Notable tenants include Greggs, Peacocks, and a variety of retail businesses. The property also features rear parking and loading facilities, with a significant commercial area of approximately 1,186.66 sq m (12,769 sq ft).
Auction Date
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Guide Price
£3,500,000
The Menai Centre
Garth Road, Bangor LL57 2RG, Wales
This prominent shopping centre in the city centre consists of 19 separate shop units, mostly occupied, generating a total rental income of £508,000 per annum, reflecting a gross initial yield of 14.5%
Auction Date
02 Jul 2025
Guide Price
£3,500,000
The Menai Centre
Garth Road, Bangor LL57 2RG, Wales
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.
Auction Date
17 Jun 2025
Guide Price
£3,750,000
Rourke House
3 Watermans Park, The Causeway, Staines Upon-Thames, TW18 3BA
This property is a valuable office investment with a high yield, let to a well-known business on a long-term lease.
Auction Date
02 Jul 2025
Guide Price
£3,250,000
The Menai Centre
Garth Road, Bangor LL57 2RG
Prominent City Centre Shopping Centre featuring 19 individual shop units, with most currently leased. The total rents amount to £508,000 per annum, representing a gross yield of 12.10% based on the guide price.
Auction Date
17 Jun 2025
Guide Price
£4,200,000