The property is grade 2 listed which fronts onto the High Street in the popular Old Town of Stevenage.
The rear of the property abuts Middle Row which is a pedestrian thoroughfare and provides access to the first floor flat via a gated rear yard. .
53 High Street, Stevenage - Let on a 10 year lease until 2032 at a passing rent of £25,000 per annum with a rent review due in 2027. 55 High Street, Stevenage - Let on a 6 year lease until 2028 at a passing rent of £24,500 per annum. First Floor 1 bed flat is currently vacant. ERV: £12,000 per annum
Total Estimated ERV: £61,500 per annum

Stevenage Old Town is located approximately 1.5 miles north of the Town Centre which is accessed via junction 7 & 8 of the A1(M) motorway. Stevenage is located approximately 30 miles north of London.
The subject property is located in the middle of the High Street in a prominent position. The High street offers short term parking and long stay car parks are within easy walking distance.
Nearby occupiers include Tesco Express, Papa Johns, Austins, Costa Coffee as well as national pub chains independent restaurants and independent retailers.

Accommodation

Terms
Freehold price £750,000. VAT is payable Gross Yield - 8.2% based on estimated ERV

EPC
A copy of the EPCs are available on request

Business Rates
Available upon request