Page 70 - Shepherd Commercial Auctions - Catalogue 07/12/2023

Lot 59 Units 1-4 Commerce Road, Stranraer, Wigtownshire DG9 7DD Mixed Use Investment
Features
• Two storey showroom
• Separate workshop/storage units
• Dedicated parking/loading areas
• Prime edge of town trading location • Passing rent £36,640 per annum
Accommodation
Unit 1&2 - Semi-detached two storey retail showrooms, which appear to be of steel / timber frame construction with externally rendered block in-fill walls together with metal sheet cladding and timber weatherboard. The entrance doors and windows are of double-glazed uPVC casement design.
At present, the units are currently linked internally and provide the following accommodation - Ground Floor: Customer Reception, Office, Staff Welfare, Open-Plan Retail Area & Customer Toilets. First Floor: Open-Plan Retail Area
The floors are connected by a staircase and a passenger lift. There are also two fire exit stairs located at the rear.
Unit 3 & Unit 4 - Semi-detached two storey units, which appear to be of timber frame construction with block / facing brick in-fill walls together with metal sheet cladding. Windows are of double-glazed uPVC casement design. The roller shutter doors measure approximately 3.59m (11ft 9ins) wide by 2.37m (7ft 9ins) high. The internal accommodation within each unit extends to an open-plan area at both ground and first floor levels. A toilet facility has been installed within Unit 4.
All four units are accessed from Commerce Road, via a shared entrance drive, and benefit from dedicated parking / loading areas at the front.
Location
Stranraer with a population of approximately 13,000 is the second largest town in the Dumfries & Galloway Council Area. The town is accessed by the A75 & A77 trunk roads, together with a rail link to Ayr & Glasgow. The Cairnryan ferry terminals lie around 6 miles to the north.
The subjects occupy a prime position within an established industrial and trade counter estate, around 0.6 miles to the south of Stranraer town centre. The units are accessed from Commerce Road, which provides a direct link to the A75 trunk road.
*Guide Price £275,000 (plus fees if applicable)
70 * Please see Buyer’s Terms for definition of guide price and auction fees
Tenancy
Unit 1&2 and Unit 3 are occupied by two private individuals, trading as ‘House to Home Furnishers’. - https://www.facebook.com/HousetoHomeFurnishers
Unit 4 is occupied by a private individual, trading as ‘Transformation Personal Training’. - https://www.facebook.com/TPTTraining/
Unit 1&2 is let on a Full Repairing and Insuring (FRI) basis, for a period of five years from 20th December 2018. The lease expiry date is therefore 19th December 2023. The passing rent is £33,000 per annum.
Unit 3 is currently used as a store by the tenants of Unit 1&2.
Unit 4 is let on a short-term basis. The passing rent is £3,640 per annum.
Auction Type
Unconditional Sale - The buyers fee is 2.16% inc VAT(1.8% plus VAT) subject to a minimum of £4,200 inc VAT(£3,500 plus VAT).