The premises comprise a prominent corner retail unit arranged over ground and first floors and benefits from common rear loading and parking.
Location
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. 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.
The property is situated on the southside of George Street, at its junction with South Strand Street within the town of Stranraer. George Street is the primary retailing street within Stranraer Town Centre, with the subject property occupying a prominent position on its south side between its junctions with Queen Street and South Strand Street and set amongst an array of national and local occupiers including Specsavers, Santander, Subway, VPZ and Superdrug.
Accommodation
The premises extend to the following approximate net internal areas:
Ground Floor: 4,540 sq ft / 421.85 sqm
First Floor: 1,689 sq ft / 156.96 sqm
Total: 6,229 sq ft / 578.81 sqm
Terms
Rent: On application.
Lease: The subjects are available on a new FRI (Full Repairing and Insuring) lease.
Rates:
Rateable Value: £52,250
UBR (2023/24): £0.545
Rates Payable: £28,476
EPC: On application.
Legal Costs: Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Planning: The subjects currently benefit from Class 1A consent.
Specification
- Prominent corner retail unit
- Ground and first floor retail accommodation
- Common rear loading access
- Rear parking