A pub in the seaside town of Bangor, Wales, has captured the attention of potential buyers due to its unique potential for redevelopment. The Ranch pub and restaurant, now closed and sitting empty, exudes a sense of being ‘frozen in time’, with remnants of its last days of operation still visible, such as glasses and plates left on the bar. The property, spanning 837 square metres across two floors, provides ample space for various potential uses, both inside and outside the building.
The main floor of The Ranch features multiple seating areas, a bar restaurant zone, and customer toilets, with a mezzanine level adding extra seating and more facilities. Additionally, the property includes a commercial kitchen, an office space, and owners’ accommodation comprising five rooms, including a kitchen and bathroom. The auction house overseeing the sale of The Ranch highlights that the property previously had planning permission granted in 2016 for the construction of a four-storey building adjacent to the pub, intended for commercial and residential purposes.
The potential of The Ranch extends beyond its current layout, as it could be revived as a popular sports venue, capitalising on its extensive bar areas and restaurant space. With its proximity to student accommodations, the property could attract a ready market of patrons. Located in the ‘City of Learning’, Bangor boasts a renowned university and a vibrant community of students from diverse backgrounds. The city offers a range of amenities, from High Street shops to recreational facilities like the Pontio arts centre.
As an ideal gateway to outdoor activities in the Eryri National Park and the scenic north Wales coast, Bangor is an attractive location for both residents and visitors. The upcoming auction for The Ranch presents an opportunity for potential investors or developers to acquire the property with a guide price of £299,000. The auction, scheduled for February 5, invites interested parties to explore the potential of this unique establishment that holds promise for various future endeavours.
Potential buyers have the opportunity to work with local partner agents, Dafydd Hardy Estate Agents, for viewings and additional information. The scope for transforming The Ranch into a thriving business or development site is evident, offering a glimpse into the possibilities for revitalising this iconic establishment. With its rich history and strategic location in a vibrant city, The Ranch stands as a blank canvas with vast potential awaiting its next chapter in the heart of Bangor, Wales.