14 George St | Stranraer DG9 7RL
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
14 George St
Stranraer DG9 7RL
Retail Property For Sale
Investment Highlights
- Prominent retail unit on Stranraer’s main retail thoroughfare
- Heritable (Scottish Equivalent to English Freehold)
- Situated adjacent to Superdrug and Subway
Executive Summary
Investment Consideration:
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.
*Tenant pays reduced rent of £6,000 p.a. for the first year. Vendor will top up rent, so the buyer receives the equivalent to £7,000 p.a. from completion.
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
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.
*Tenant pays reduced rent of £6,000 p.a. for the first year. Vendor will top up rent, so the buyer receives the equivalent to £7,000 p.a. from completion.
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
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,656 SF
Building Class
B
Year Built
1900
Price
$75,777
Price Per SF
$46
Cap Rate
11.66%
NOI
$8,836
Tenancy
Single
Building Height
2 Stories
Frontage
15 FT on George Street
Amenities
- Storage Space
About 14 George St , Stranraer, DGY DG9 7RL
The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.
Learn More About Investing in Retail Properties
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP