A PROPERTY in Bangor previously occupied by Poundstretcher is going up for auction. 

The retail premises, at 163-165 High Street, will feature in Bond Wolfe’s auction next month.

The four-storey has a guide price of £135,000 plus. 

There is potential to convert the upper floors to residential uses [subject to obtaining the appropriate planning permission].

Ian Tudor, commercial auction director at Bond Wolfe, said: “These attractive freehold retail premises are currently vacant, although until recently they were occupied by Pound Stretcher.

“The premises currently benefit from planning permission for uses which include but are not limited to a shop, café, restaurant, showroom, medical health and offices uses, as well as being suitable for alternative uses subject to planning permission.

“An added benefit is excellent residential conversion opportunities to convert the upper floors to residential uses, subject to planning permission.

“The property prominently fronts the High Street within the heart of Bangor city centre with a diverse mix of retailers together with bars, restaurants and cafes close by.”

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The Bangor property is just one of 185 lots appearing in Bond Wolfe’s auction which is due to start at 9am on Thursday, July 13.

The auction will be livestreamed via Bond Wolfe’s website with remote bidding by proxy, telephone or internet.

For more details and to register to bid visit www.bondwolfe.com/property-auctions-west-midlands/ or email auctions@bondwolfe.com, or call 0121 312 1212 or 01902 928 510.