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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT*** Retail Unit in in EXCELLENT TRADING POSITION. Let to Superdrug producing £34,000 per annum on a FRI Lease with 5 years remaining.

Let to Superdrug Stores PLC 5 year FRI lease from 21.05.2026 Tenant break option in 2029 £34,000 p.a. Reversion 2031

Comprises ground floor retail with ancillary accommodation at first and second floors offices. Total accommodation of approx. 622.2 sq m (6,697 sq ft)

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £35,000 PER ANNUM

EXCELLENT LOCATION Meneage Street offers a well-positioned commercial location with a strong local customer base, good supporting amenities, and convenient transport links.

INCOME PRODUCING INVESTMENT*** Retail Unit in in EXCELLENT TRADING POSITION. Let to Superdrug producing £34,000 per annum on a FRI Lease with 5 years remaining. Let to Superdrug Stores PLC 5 year FRI lease from 21.05.2026 Tenant break option in 2029 £34,000 p.a. Reversion 2031 Comprises ground floor retail with ancillary accommodation at first and second floors offices. Total accommodation of approx. 622.2 sq m (6,697 sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £35,000 PER ANNUM EXCELLENT LOCATION Meneage Street offers a well-positioned commercial location with a strong local customer base, good supporting amenities, and convenient transport links.

Meneage Street in Helston, Cornwall, occupies a prominent position within one of the town's principal commercial areas, close to the town centre and serving a well-established local catchment. Helston is an important market town for the surrounding rural communities and benefits from a mix of independent retailers, professional services, cafés, restaurants, banks, supermarkets, and public sector facilities that generate consistent pedestrian activity throughout the year. The town also attracts seasonal visitors due to its proximity to the Lizard Peninsula and Cornwall's south coast, providing additional trade for local businesses. In terms of transport, Meneage Street has good road connectivity via the A394, linking Helston with Penzance, Falmouth, and the A30 trunk road, while regular bus services connect the town with neighbouring communities and major towns across Cornwall. Although Helston no longer has a railway station, the nearest mainline rail services are available at Redruth, approximately 12 miles away, providing connections to Plymouth, Exeter, and London Paddington.

Full Address: 40/42 Meneage Street, Superdrug, Helston, Cornwall, TR13 8QY

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £34,000 per year / £2,833 per month
Yield: 9% (approx)
Tenant: Company
Notes: Let to Superdrug Stores PLC 5 year FRI lease from 21.05.2026 Tenant break option in 2029 £34,000 p.a. Reversion 2031

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Pricing Information & Bidding

Opening Bid: £383,000

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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 request a copy by email prior to bidding.

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Auction Details

Date & Time: 30 July 2026, 10am-3pm
Type: Timed Online Auction

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