Closed Bangor pub remains unsold following auctions

Y Ranch in Bangor. <i>(Image: Auction House Wales)</i>
Y Ranch in Bangor. (Image: Auction House Wales)
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A PUB in Bangor which closed three years ago remains unsold, despite having been available at two auctions.

Y Ranch, on High Street, went to auction with Auction House Wales yesterday (February 5) for a guide price of £250,000 (plus additional fees).

However, despite an offer matching the guide price, the pub was not sold.

The establishment had initially gone to auction on December 11 with a guide price of £320,000.

The pub suffered during Covid lockdowns and pandemic restrictions, and despite surviving was forced to close in 2022 during the energy crisis.

Its listing with Auction House Wales said: "The property could be re-opened for its previous usage being extensive bar areas and a reputation as a premier sports venue with kitchen and owners’ accommodation.

"Buildings like this rarely come to the market in the heart of this university city, positioned nearby to the halls of residence."

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