Mixed-use commercial and residential investment

This tenanted commercial unit is located within a prime position in Stranraer. The property comprises licensed premises with a vacant studio flat and a tenanted one-bedroom flat above, creating an attractive mixed-use opportunity for an investor seeking income with additional asset management angles. The property currently produces £380 per month, equivalent to £4,560 per annum, from the tenanted one-bedroom flat, providing immediate income from day one. The combined market rent across the two residential elements is £720 per month, or £8,640 per annum, representing potential rental income based on current market rates if re-let, subject to tenancy and due diligence. The property is held on a freehold basis, giving the buyer outright ownership and long-term control over both the commercial and residential elements. The one-bedroom flat is currently tenanted at £380pcm (£4,560 p/a), and the studio flat previously generated £340pcm (£4,080 p/a). This rental income, in addition to the pub, generates a lucrative yield. The currently operating pub generated approximately £5,830pcm in 2025. Furthermore, the residential elements of the property could suit serviced accommodation use, with potential nightly rates of £100 to £150, equating to £25,550 to £38,325 per annum per flat based on a 70% occupancy rate. Stranraer is a well-positioned market town in Dumfries and Galloway with a busy town centre supporting a strong mix of independent retailers, hospitality venues, and everyday services, helping underpin consistent local demand for commercial space. Central positions benefit from regular passing trade, with the town acting as a key service hub for the wider Rhins of Galloway area. The A75 provides direct road connectivity across the region, while Stranraer railway station offers onward links for staff, customers, and visitors. With ongoing interest in town-centre activity and tourism, the area presents a compelling base for operators and investors seeking affordable entry pricing with resilient occupier demand.