40 40, Stranraer, DG9 7PW

Summary

‚òLundy House‚ is a detached two storey property on a prominent corner site, extending to 0.14 hectare (0.35 acre), or thereby. The property comprises of the following: Shop A self-contained shop unit (former grocery store) that has been split to from a front sales area with rear store and a toilet. The shop extends to a net internal floor area of 54 sqm (581 sqft). Public House A former pub premises, without licence, that consists of a front porch, main bar area, lounge with second bar and toilets. There is a separate cellar. The former pub extends to a gross internal floor area of 158 sqm (1,071 sqft). Flat Located on the first floor, the flat has a main door and comprises of a hallway, a lounge, a dining room, kitchen, four bedrooms and two bathrooms. The property is double glazed with a gas fired central heating system. The flat extends to a gross internal floor area of 161 sqm (1,733 sqft). Garden We are advised that the garden grounds have previously had planning permission for the development of flats, which has lapsed. The overall site has potential for development of residential units, subject to obtaining the necessary local authority consents. Indicative layout plans and an OS site plan are provided. The shop has a rateable value of £3,150 with the former pub at £3,000. Both properties qualify for 100% rates relief via the Small Business Bonus Scheme, subject to occupier status. The flat is noted under Council Tax Band C. Offers of £170,000 are invited for our client‚s heritable interest. Each party to be responsible for their own legal costs incurred. EPC upon request.

Key Points

Location

Hillside Drive is a predominantly residential area to the south west of Stranraer Town Centre, with the property occupying a prominent corner position at its junction with Coronation Drive and Glebe Street.   Stranraer is located within the Wigtownshire area of Dumfries and Galloway region in southwest Scotland, around 87 miles south west of Glasgow and 72 miles west of Dumfries, via the A77 and A75 roads, respectively. Stranraer has a population of around 11,000 persons with a large rural catchment.