Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity occupying a prime pedestrianised pitch.
Arranged as a ground floor retail unit with ancillary upper parts, the property is let to Hutchinson 3G (t/a Three) on a five year lease expiring 21.03.2028 and paying £32,600 per annum.The tenant did not serve their 2026 break option, displaying confidence in the location.
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.
Tenure
Freehold
Tenancy
The property is let to Hutchinson 3G (t/a Three) on a five year lease expiring 21.03.2028 and paying £32,600 per annum.
The lease is on full repairing and insuring terms, and the tenant did not serve their 2026 break option, displaying confidence in the location.
Hutchison 3G UK Limited
Three merged with Vodafone to form VodafoneThree in May 2025, becoming the UKs largest mobile operator with 27 million customers.
Rent