Prominent position on Howardsgate, Welwyn Garden City's dominant high street retail pitch. High footfall location, being located at the corner of Wigmore South and Howardsgate, in front of Sainsbury's supermarket.
Currently configured as 8 retail units, an office suite and 4 residential apartments, comprising 18,338 sq ft.
Total passing rent of £406,450 per annum with reversionary potential to £413,171 per annum.
Asset Management Highlights
Opportunity to regear leases with the retail occupiers, enhance tenant mix, convert upper parts space to residential apartments in due course and explore a break up route.