Fixed price
£80,000
(£48.51/sq. ft)
Retail premises for saleGeorge Street, Stranraer DG9
1,649 sq. ft
About this property
Freehold Shop Investment
Comprises ground floor retail accommodation with ancillary on the first floor
Prominent retail unit on Stranraer’s main retail thoroughfare
VAT is applicable to this property
Situated adjacent to Superdrug and Subway
Nearby occupiers include M&Co, wh Smith, Boots and Santander Bank
Investment Consideration:
Gross Initial Yield: 8.75%
Rental Income: £7,000 p.a.
VAT is applicable to this property
Heritable (Scottish Equivalent to English Freehold)
Comprises ground floor retail shop t/a barbers with ancillary accommodation at first floor
Prominent retail unit on Stranraer`s main retail thoroughfare, situated adjacent to Superdrug and Subway and Nearby occupiers include M&Co, wh Smith, Boots and Santander Bank.
Property Description:
The property comprises ground floor shop with ancillary accommodation at first floor and provides the following accommodation and dimensions:
Ground Floor: 77 sq m (828 sq ft)
Retail Area, Office, Storage, Kitchenette, WC
First Floor: 77 sq m (828 sq ft)
Office, Storage
Total area size: 154 sq m (1,656 sq ft)
Tenancy:
The property is at present let to an Individual t/a Barbers for a term of 2 Years from 5th February 2024 at a current rent of £7,000* p.a. And the lease contains full repairing and insuring covenants. Deposit held of £1,000.
Location:
The property is situated in a prominent position within the town centre, on the northern side of George Street adjacent to Superdrug, Subway and the main town square. Other nearby occupiers include M&Co, wh Smith, Boots and Santander Bank.
Gross Initial Yield: 8.75%
Rental Income: £7,000 p.a.
VAT is applicable to this property
Heritable (Scottish Equivalent to English Freehold)
Comprises ground floor retail shop t/a barbers with ancillary accommodation at first floor
Prominent retail unit on Stranraer`s main retail thoroughfare, situated adjacent to Superdrug and Subway and Nearby occupiers include M&Co, wh Smith, Boots and Santander Bank.
Property Description:
The property comprises ground floor shop with ancillary accommodation at first floor and provides the following accommodation and dimensions:
Ground Floor: 77 sq m (828 sq ft)
Retail Area, Office, Storage, Kitchenette, WC
First Floor: 77 sq m (828 sq ft)
Office, Storage
Total area size: 154 sq m (1,656 sq ft)
Tenancy:
The property is at present let to an Individual t/a Barbers for a term of 2 Years from 5th February 2024 at a current rent of £7,000* p.a. And the lease contains full repairing and insuring covenants. Deposit held of £1,000.
Location:
The property is situated in a prominent position within the town centre, on the northern side of George Street adjacent to Superdrug, Subway and the main town square. Other nearby occupiers include M&Co, wh Smith, Boots and Santander Bank.
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