Future Property Auctions · 29 Oct 2026 · in 10 days
21 George St, W.H Smith Investment, Stranraer, DG9 7RJ
21 George St, W.H Smith Investment, Stranraer, DG9 7RJ · Scotland
LiveIndustrialFreeholdLetGuide cut
- Opening bid
- £282,000was £300,000a starting bid, not a guide: lots usually sell well above it
- Rent a year
- £32,500
- Yield on the opening bid
- 12.0%
- Payback
- 8.3 yrs
- Net yield, after buying costs, at the opening bid
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 6,230 sq ft£5.22 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
- Guide cut from £300,000 to £282,000 (6% lower), 18 Oct 2026.
Future Property Auctions' record
Future Property Auctions' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold industrial lot in Stranraer. Producing £32,500 a year, a 10.0% gross yield at the guide.
Commercial Investment. 6,230sq ft Ground & 1st Floor Let To WH Smith with Passing Rent: £32,500p.a. Lease Expiry: January 2026. Prominent Corner Position with Rear Loading. Total Area = 6,230 sq ft - Ground Floor 4,540 sq ft. 1st Floor 1,689 sq ft. Excellent investment opportunity with blue chip tenant. Property elected for VAT and may be treated as a TOGC sale. Stranraer is located on the south west 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 persons with a large commuter and rural catchment. The property forms a prominent corner commercial retail space over ground and first floor of steel framed construction surmounted by a pitched roof with common rear loading and parking. Benefits from a large aluminium framed and glazed frontage with recessed framed and glazed doors on George St. Internally the property is fitted out in accordance with the tenants corporate specifications with carpeted and laminated timber flooring throughout with partitions to the rear forming store room and loading area. The upper floor is accessed via a single staircase offering ancillary storage, office, staff room and wc facilities. Tenancy: Type of Agreement: Full Repairing & Insuring (FRI). Length: 2026. Rent: £32,500 per year / £2,708 per month. Yield: 12% (approx). Tenant: Company. Notes: WH Smith Retail Holdings Ltd t/a WH Smith. Stranraer is located on the south west 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 persons with a large commuter and rural catchment. The town lies at the junction of the A75 and A77 road routes, with Cairnryan ferry terminal only six miles to the north, offering regular ferry crossings to Northern Ireland.
Figures come from Future Property Auctions' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.