Investment Property for Sale in Stevenage

Commercial List are excited to share that we have recently been instructed through our silver online agency package to market an investment property in Stevenage town centre.

Property Highlights - 2-8 QUEENSWAY, STEVENAGE, HERTFORDSHIRE, SG1 1BS

The property is located along a busy pedestrianised thoroughfare on a corner position between Queensway and Southgate. The wider area is of mixed use comprising a variety of residential, shops, commercial units, cafés and restaurants. Occupiers within the immediate vicinity include Keech Hospice Centre, Pepe's Chicken, Martin's Furniture & Carpets and Nationwide Building Society. The property has excellent transport links with the train station, new transport interchange and A1(M) close by.

This ground floor retail premises comprises a large open plan sales area with store, W.C and kitchen. The premises benefits from a prominent glazed return frontage, rear loading access, three parking spaces, LED strip lighting and storage sheds to the rear. The Freehold consists of six leasehold flats, which have been sold on long leases.

The property is let to BT Retail Ventures Ltd for a term of 15 years from 12th September 2024 at a passing rent of £40,000 per annum, which equates to a 7.69% NIY.

Contact us on 01476 930891 or enquiries@commerciallist.co.uk if you require any further information or wish to view this property.

Are you looking to sell your commercial investment property?

Please feel free to get in contact with us if you are looking to sell your commercial investment property. We offer a range of agency packages starting from only £150 plus VAT for our basic service through to full agency, allowing clients to find the right level of service to meet their requirements. We advertise across major platforms, including Rightmove, Zoopla and Gumtree, along with our socials meaning your property gets the exposure it deserves.

https://commerciallist.co.uk/market-your-commercial-property/