Golden Cross, 58 George Street, DG9 7RH
Business rates & charges may apply
- SIZE
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- SECTOR
Mixed use property for sale
Key features
- PRIME NEW LISTING. We are excited to present this tenanted commercial unit in a prime central location in Stranraer.
- Currently producing £380 per month, which is £4,560 per annum; market rent £720pcm (£8,640pa). Rateable value TBC, subject to eligibility.
- The 1-bed flat is let at £380pcm (£4,560pa), while the studio previously achieved £340pcm (£4,080pa), offering re-letting potential.
- Currently operating pub with reported takings of circa £5,830pcm in 2025, set in a central Stranraer position.
- Residential elements may suit serviced accommodation at £100-£150 per night; circa £25,550-£38,325 pa per flat at 70% occupancy.
Description
- PRIME NEW LISTING. We are excited to present this tenanted commercial unit in a prime central location in Stranraer.
- Currently producing £380 per month, which is £4,560 per annum; market rent £720pcm (£8,640pa). Rateable value TBC, subject to eligibility.
- The 1-bed flat is let at £380pcm (£4,560pa), while the studio previously achieved £340pcm (£4,080pa), offering re-letting potential.
- Currently operating pub with reported takings of circa £5,830pcm in 2025, set in a central Stranraer position.
- Residential elements may suit serviced accommodation at £100-£150 per night; circa £25,550-£38,325 pa per flat at 70% occupancy.
PRIME NEW LISTING. We are excited to present this tenanted commercial unit located within a prime location in Stranraer.
The property comprises licensed premises with a vacant studio flat and a tenanted 1-bed flat above, creating an attractive mixed-use opportunity for an investor seeking income with additional asset management angles.
The property is currently producing £380 per month, which is £4,560 per annum, from the tenanted 1-bed flat, providing immediate income from day one. The combined market rent across the two residential elements is £720 per month, which is £8,640 per annum, representing the potential rental income based on current market rates if re-let, subject to tenancy and due diligence.
The property is held on a freehold basis, giving the buyer outright ownership and long-term control over both the commercial and residential elements.
The 1-Bed Flat is currently tenanted at £380pcm (£4,560 p/a), and the Studio Flat previously generated £340 pcm (£4,080 p/a). This rental income, in addition to the Pub, would generate a lucrative yield for any discerning investor.
This is a currently operating Pub, which was generating circa £5830pcm in 2025, located centrally in Stranraer.
The Residential elements of the property could also suit being used as Serviced Accommodation, with potential nightly rates of £100-150. This would equate to £25,550-38,325 per annum per flat, based on 70% occupancy.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
The rateable value has not been provided, and interested parties should make their own enquiries with the local authority regarding business rates and any relief that may be available, subject to eligibility.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Stranraer is a well-positioned market town in Dumfries and Galloway with a busy town centre that supports a strong mix of independent retailers, hospitality venues and everyday services, helping underpin consistent local demand for commercial space. Central positions benefit from regular passing trade, with the town acting as a key service hub for the wider Rhins of Galloway area. The A75 provides direct road connectivity across the region, while Stranraer railway station offers onward links for staff, customers and visitors. With ongoing interest in town-centre activity and tourism, the area presents a compelling base for operators and investors seeking affordable entry pricing with resilient occupier demand.
Golden Cross, 58 George Street, DG9 7RH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stranraer Station0.5 miles
Notes
Disclaimer - Property reference 229664767. 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 Prime Property, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property, Glasgow on 0141 673 3554.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”