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7-9 South Strand Street, Stranraer, DG9 7JE

Offers in Excess of
£95,000

£51.71 per sq ft

Business rates & charges may apply

TSA Property Consultants Ltd, Glasgow
SIZE AVAILABLE

1,837 sq ft

171 sq m

SECTOR

High street retail property for sale

Key features

  • Town centre location
  • Private Car Park To Rear
  • Ground & 1st Floor
  • Held on F.R.I Lease
  • Expiry April 2031
  • Passing £10,000p.a.x
  • Increasing to £13,000p.a.x in 2028
  • From 2030: Rent increase to £15,000p.a.x
  • Sale: o/o £95,000

Description

The property forms a 2 storey commercial development of traditional construction surmounted by a pitched roof. The property benefits from a prominent glazed frontage with large display window with single partially recessed entrance door. Internally the property is presented in a a good condition with floors overlaid in carpet and laminated timber with lighting provided by way of recessed strips within the suspended ceiling.

Access to the upper floor is via a single staircase to the rear with staff tea prep, stores and w.c. facilities.


Area

Ground: 121.07sqm (1,303sq ft)
1st: 49.58sqm (534sq ft)

Total: 170.68sqm (1,837sq ft)

Lease Summary

The property is held on a full repairing and insuring head lease expiring 2031 to Bolton Phones Ltd t/a “iFix Repair” at a passing rent of £10,000p.a.x increasing to £13,000p.a.x in April 2028 increasing to £15,000p.a.x from 2030 until expiry. The seller holds a deposit of £2,500

South Strand Street is set close to the primary retailing street within Stranraer Town Centre, with the subject property occupying a prominent position on its west side between its junctions with Queen Street and George Street and set amongst an array of national and local occupiers including WH Smith, Santander, Subway, VPZ and Superdrug, amongst others.
Stranraer is located within the Dumfries and Galloway region, around 45 miles south of Ayr, 90 miles south west of Glasgow and 73 miles west of Dumfries, lying at the convergence of the A77 and A75 road routes. The town has a population of around 11,000 persons rising to around 35,000 persons within a 10- mile radius, increasing significantly during the tourist season.

Brochures

7-9 South Strand Street, Stranraer, DG9 7JE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stranraer Station0.5 miles

About TSA Property Consultants Ltd, Glasgow

162 Buchanan Street, Glasgow, G1 2LL

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 377883-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by TSA Property Consultants Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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