Commercial property for sale
65 Queensway, Stevenage
£109.56 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,647 sq ft
246 sq m
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Let to Techpros Trade Limited
- Terms Agreed for Five Year Renewal
- 2,647 sq ft (245.9 sq m)
- Prime Pedestrianised Pitch
- Investment Let at £36,000 p.a. (12.41% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with ancillary upper parts, the property is fully let to Techpros Trade Limited on a lease which has expired with the tenant holding over. The current rent receivable is £36,000 per annum.
We understand terms have been agreed for a renewal of the lease for an additional term of five years at a rent of £36,000 per annum.
The property occupies a prime pitch fronting the pedestrianised Queensway in the heart of Stevenage. The surrounding area is characterised by a number of national retailers including Costa, Holland & Barrett, Boots and Primark.
Brochures
65 Queensway, Stevenage
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stevenage Station0.2 miles
- Knebworth Station2.5 miles
- Hitchin Station4.4 miles
Notes
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