Retail
Investment Opportunity – Retail Parade – Stevenage
63-67 Queensway, Stevenage, SG1 1ES
For Sale
Terms
7,168 sq ft
Size
Gallery
- Prime retail parade
- Excellent connectivity links
- Three units comprising a total of 7,168 sq ft
- Potential to convert upper floors to residential (subject to planning consents)
- Weighted Average Unexpired Lease Term (WAULT) of 5.22 years to expiry (3.47 years to break), assuming pending lease renewal.
- We are instructed to seek offers in the region of £1,050,000 (One Million and Fifty Thousand Pounds), subject to contract and exclusive of VAT. This reflects an attractive Net Initial Yield of 9.55%, assuming standard purchaser costs of 5.80%.
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Where to find this property
Stevenage
SG1 1ES
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