Unit 1-3, Bellevilla Road

Stranraer, Dumfries and Galloway, DG9 8ED

Asking Price £2,000,000

  • Highly Prominent Multi-Let Roadside.
  • Retail and Trade Investment.
  • Prime location on Stranraer’s main arterial town centre route.
  • Dominant retail terrace within the town at the entrance to Stranraer’s main shopping thoroughfare and opposite Tesco.
  • Let to Argos, Screwfix & Greggs – all rated Very Low Risk by Experian WAULT of approximately 6.9 years.
  • Comparatively low passing rents offering asset management opportunities.
  • Total income £180,200 per annum.
  • Offers in excess of £2,000,000 exclusive.
  • Attractive Net Initial Yield of 8.48%, a reversionary yield of 9.26% and a capital rate psf of £118.

LOCATION Stranraer is a historic port town in Dumfries & Galloway, south west Scotland. Situated at thehead of Loch Ryan, the town serves as the main commercial centre for the “Rhins of Galloway” peninsula, as well as serving as a base for exploring the scenic region, rich in gardens, history, and wildlife. Previously home to a major ferry link to Northern Ireland, which moved along the coast to a larger modern terminal at nearby Cairnryan in 2011, Stranraer remains the closest town to the port but is now the focus of tourism, local events, and its own local attractions such as the Castle of St. John and Stranraer Museum. The town’s stunning scenery and coastal location make it a popular holiday destination.Stranraer has a population of circa 15,000 and is situated approximately 49 miles (1hr 25mins drive)to the southwest of Ayr, 85 miles (2hrs drive) southwest of Glasgow and 71 miles (1hr 40mins) west of Dumfries.The main road links to the town are the A77, northwards towards Ayr and Glasgow and the A75 heading eastwards towards Dumfries and the M74 motorway.Stranraer’s geographical location makes it a natural hub for retail and trade counter operations as well as service-based businesses, drawing footfall from a wide rural catchment.