31 George Street, Stranraer, DG9 7RJ

The subjects comprise a two storey mid terraced retail unit which interconnects to a single storey rear projection. The property benefits from an extensive glazed frontage onto George Street which incorporates double recessed aluminium glazed entrance doors. An additional entrance door pertains to the rear elevation which provides access to a shared rear car park. Internally the ground floor retail accommodation has been well fitted out and benefits from a suspended grid style ceiling system and fully lined walls. The ground floor sales area interconnects to a rear store room and also to a concrete staircase providing access to the first floor which comprises storage accommodation, kitchen, staff and office facilities and a single w.c.

Stranraer has a resident population of approximately 10,851 persons (Census 2001) and is located within Dumfries & Galloway in the south west of Scotland. The town is situated approximately 45 miles south of Ayr, 78 miles west of Dumfries and 85 miles south west of Glasgow. The A77 connects Stranraer to Glasgow and the north with the A75 connecting to Dumfries. The town benefits from public transport links provided by main line railway and bus services. Cairnryan Ferry Port provides the shortest crossing to Northern Ireland and is located a short distance to the north of the town. The subject property is prominently situated within the prime retail pitch of Stranraer town centre on the south side of George Street between the junctions of Church Street to the west and South Strand Street to the east. The surrounding area is of commercial use with neighbouring occupiers including M & Co, WHSmith, Superdrug, Subway and Specsavers.

According to our calculations the Net Internal Areas extend to the following:

Ground Floor: 107.79 sq m (1,160 sq ft)

First Floor: 60.03 sq m (646 sq ft)

Total: 167.82 sq m (1,806 sq ft)

All measurements have been carried out in accordance with the RICS Code of Measuring Practice (6th Edition).

We are seeking to either assign or sub-let our client’s leasehold interest which is held on the following terms:

A Full Repairing and Insuring Lease effective from 20th October 2005 until 19th October 2020. The current passing rent is £XXX per annum and the lease incorporates a Tenant Only Break Option and Rent Review as at 20th October 2015.