Tenanted Commercial Investment Property

PRIME INVESTMENT*** Let TOWN CENTRE property. FULL BUILDING 170.68 sqm (1,837 sq ft) over ground and first floor. EXCELLENT TRADING POSITION Let at £10,000 per annum rising to £15,000 5 Year FRI Lease. Compromises: Ground Floor: open plan retail area First Floor: Staff tea prep area, Office/storage space and WC facilities. The property benefits from loading bay and car park to the rear. The property has been calculated to extend to the following net internal areas - Ground: 121.07 sqm (1,303 sq ft) 1st Floor: 49.58 sqm (534 sq ft) Total: 170.68 sqm (1,837 sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Ready let property with instant income. IDEAL LOCATION set in a prominent position in the town centre with neighboring occupiers including WH Smith, Santander, Subway, Superdrug and many more. Tenancy Details: Type of Agreement: Full Repairing & Insuring (FRI) Length: 5 Years Rent: £10,000 per year / £833 per month Yield: 16% (approx) Tenant: Private Individual Notes: Tenant = Bolton Phones Ltd. Rent Rising to £13,000 pa in year 3 of lease then £15,000 pa in year 5 of lease. Maps & Location: South Strand Street is in Stranraer Town Centre, right off the main retail and pedestrian heart of the town. It sits adjacent to George Street, which is the primary retail thoroughfare in Stranraer. The area is a mix of shops, small businesses, services, and civic buildings. The street runs close to key local landmarks and public spaces and forms part of a conservation area with a mix of historic and modern buildings. Stranraer’s railway station is nearby offering local and regional connections.