Tenanted Commercial

This commercial retail property offers an excellent investment opportunity, currently tenanted by WH Smith Retail Holdings Ltd. The property comprises 6,230 sq ft of space across the ground and first floors. The ground floor measures 4,540 sq ft, with the first floor providing an additional 1,689 sq ft. The current passing rent is £32,500 per annum, with the lease expiring in January 2026. The tenancy is under a Full Repairing & Insuring (FRI) agreement, offering an approximate yield of 12%. The property occupies a prominent corner position on George Street, featuring a large aluminium framed and glazed frontage with recessed glazed doors. Internally, the space is fitted to the tenant's corporate specifications, including carpeted and laminated timber flooring. The rear of the property includes partitioned areas for storage and a loading bay. The upper floor is accessible via a single staircase and provides ancillary storage, an office, a staff room, and WC facilities. Stranraer is situated on the southwest coast of Scotland, approximately 87 miles south of Glasgow, 50 miles south of Ayr, and 73 miles west of Dumfries. The town has a population of around 13,000, serving a significant commuter and rural catchment area. Its strategic location at the junction of the A75 and A77 road routes, combined with proximity to the Cairnryan ferry terminal (six miles north) which offers regular crossings to Northern Ireland, enhances its commercial appeal and connectivity.