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69-75 Queensway 2,864 SF Retail Condo Unit Offered at $542,181 CAD in Stevenage SG1 1DN



Investment Highlights
- Prime pedestrianised town centre location
- Let to Cash Converters (UK) Stores Limited until August 2033
- Within walking distance to Westgate Shopping Centre
Property Facts
| Total Building Size | 33,891 SF | Floors | 3 |
| Property Type | Retail (Condo) | Typical Floor Size | 9,977 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1962 |
| Building Class | B |
| Total Building Size | 33,891 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 9,977 SF |
| Year Built | 1962 |
1 Unit Available
Unit 67
| Unit Size | 2,864 SF | Tenure | Freehold |
| Price | $542,181 CAD | Cap Rate | 12.93% |
| Price Per SF | $189.31 CAD | NOI | $70,109.57 CAD |
| Condo Use | Retail | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 2,864 SF |
| Price | $542,181 CAD |
| Price Per SF | $189.31 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 12.93% |
| NOI | $70,109.57 CAD |
| Sale Conditions | Auction Sale |
Description
The property is prominently situated on pedestrianised Queensway, Stevenage’s
prime retail pitch, opposite to Town Square. The property also benefits from
being within close proximity to Stevenage Indoor Market and Westgate Shopping
Centre which includes occupiers such as H&M and Ernest Jones. Other nearby
occupiers include Primark, Boots, Superdrug and Holland & Barrett.
Sale Notes
The property comprises a retail unit arranged on the ground floor with ancillary on the first and second floors.
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Nearby Major Retailers
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69-75 Queensway
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