Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
Let to Superdrug Stores Plc on a new 5 year lease with a fixed rental increase to £25,000 pa in the third year. Comprises approximately 936.52 sq m (10,081 sq ft)
The property comprises a substantial three storey building arranged as a ground floor shop together with ancillary accommodation on the first and second floors.
New 5 year lease from December 2025 (expiring December 2030)
Let to Superdrug Stores Plc
Ground - 431.52 sq m (4,645 sq ft)
First - 424.00 sq m (4,564 sq ft)
Second - 81.00 sq m (872 sq ft)
Total - 936.52 sq m (10,081 sq ft)
Let to Superdrug Stores Plc on a 5 year lease from 25.12.2025, expiring 24.12.2030 at an initial rent of £22,500 pa. The lease provides for a fixed rental increase to £25,000 pa at the third anniversary of the term. There is a break option on 31 January 2029 subject to 6 months written notice.
Superdrug Stores Plc for the year ending December 2024:
D&B Rating: 5A 1
Revenue: £1,634,452,000
Pre-tax profit: £136,826,000
Tangible net worth: £299,062,000
Rent
£22,500 pa
Notes
VAT is applicable to this lot. It is anticipated that the purchase will be treated as a TOGC.
Full Address: 19 Fore Street, Let Superdrug Investment, Bridgwater, Somerset, TA6 3NH
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 2030
Rent: £22,500 per year / £1,875 per month
Yield: 7% (approx)
Tenant: Company
Notes: New 5 year lease from December 2025 (expiring December 2030)
Document Downloads
Legal Docs (Pending)
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SPECIAL Terms of Sale
- 10% Deposit (Minimum £3,000)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
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* If no Special Conditions of Sale are present in the legal docs download bidders are advised to
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Auction Details
Date & Time: 28 May 2026, 10am-3pm
Type: Timed Online Auction
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