14 George Street Stranraer Dumfries and Galloway DG9 7RL

  • 14 George Street<br>Stranraer<br>Dumfries and Galloway<br>DG9 7RL

14 George Street
Stranraer
Dumfries and Galloway
DG9 7RL

Heritable Retail Investment

  • Prominent retail unit on Stranraer’s main retail thoroughfare
  • New 10 year lease (subject to option)
  • Rent rebased from £25,000 p.a.x. to £15,000 p.a.x.
  • Situated adjacent to Superdrug and Subway
  • Nearby occupiers include M&Co, WH Smith, Boots and Santander Bank
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    55
  • Auction
    25th May 2017
  • Rent
    £15,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Heritable Retail Investment

  • Prominent retail unit on Stranraer’s main retail thoroughfare
  • New 10 year lease (subject to option)
  • Rent rebased from £25,000 p.a.x. to £15,000 p.a.x.
  • Situated adjacent to Superdrug and Subway
  • Nearby occupiers include M&Co, WH Smith, Boots and Santander Bank
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 55
  • Auction 25th May 2017
  • Rent £15,000 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
49 miles south-west of Ayr, 66 miles south-west of Dumfries
Roads
A77, A75
Rail
Stranraer Railway Station
Air
Glasgow International Airport
Situation

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.

Tenure

Heritable. (Scottish Equivalent to an English Freehold).

Location
Miles
49 miles south-west of Ayr, 66 miles south-west of Dumfries
Roads
A77, A75
Rail
Stranraer Railway Station
Air
Glasgow International Airport
Situation

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.

Tenure

Heritable. (Scottish Equivalent to an English Freehold).

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)

 Tenant Term Rent p.a.x Review/(Reversion)
Ground
First

 Retail/Ancillary
Ancillary
76.95 sq m
76.26 sq m
(828 sq ft)
(821 sq ft)
 CATS PROTECTION
TRUSTEE LIMITED
(1)
 10 years from
14/12/2016 on a
full repairing and
insuring lease (2)
 £15,000
 14/12/2021
(13/12/2026)
Total  
153.21 sq m
(1,649 sq ft)
     £15,000
  

(1) Cats Protection was established in 1927 and now operates from 250 volunteer run shops together with 32 adoption centres in the UK (www.cats.org.uk).
(2) The lease is subject to a tenant option to determine on 14th December 2021.

Contacts

Seller's Solicitors
Peterkins Robertson and Paul Solicitors Kensington House, 227 Sauchiehall Street
Glasgow
G2 3EX
David Morris 0141 331 4510davidmorris@prp-legal.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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