Town Centre Superdrug Investment Passing £22,500p.a. Fixed Inc to £28,000p.a. In 2028 Expiring 2030
Summary
- Town Centre Location
- Full Building
- Over 10,000sq ft
- Held on F.R.I Lease To Superdrug
- Expiry December 2030
- Passing £22,500p.a.x. (Fixed increase to £25k p.a.x in 2028)
- Sale: o/o £325,000
Location
Bridgwater is a historic market town in Somerset, South West England, situated on the edge of the Somerset Levels at the confluence of the River Parrett. It serves as a key industrial and trading centre with a long history as an inland port, and is famous for its annual Bridgwater Guy Fawkes Carnival (one of the largest illuminated carnivals in Europe). The town benefits from excellent connectivity via the M5 motorway (between junctions 23 and 24), the Bristol–Exeter main railway line, and the Bridgwater and Taunton Canal. It has seen growth linked to nearby major projects such as Hinkley Point C nuclear power station.
The town population equates approximately 41,276 making it one of the larger towns in Somerset.
Bridgwater functions as a standalone market town with a primary catchment (immediate urban area and surrounding parishes) of roughly 45,000 people. Its broader functional catchment—for retail, employment, services, and commuting—extends to include nearby areas in Sedgemoor district and parts of Somerset, drawing from a population of around 100,000+ within a 15–20 mile radius (including towns like Burnham-on-Sea and Highbridge).
Bridgwater combines industrial heritage with ongoing regeneration, including plans for low-carbon developments on former sites like the old Royal Ordnance Factory.
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Mainline Stations
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Bridgwater10 mins
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Highbridge and Burnham122 mins
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Taunton164 mins
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Weston-Super-Mare289 mins
Underground Station
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Reading1751 mins
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Twyford1844 mins
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Maidenhead1971 mins
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Taplow2006 mins
Further Information
Price Offers in excess of £325,000
Rates Payable Upon Enquiry
Description
The property comprises a 3 storey commercial development situated on the main thoroughfare of Bridgwater.
The property offers a substantial glazed frontage with open plan retailing space at ground floor presented in Superdrug’s corporate specifications. The upper floors provide stores, staff w.c and tea prep facilities and office space.
Area
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)
Lease Summary
Let to Superdrug Stores Plc on a 5 year lease from 25th December 2025, expiring 24th December 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 (25th December 2028). There is a break option on 31 January 2029 subject to 6 months written notice.
Superdrug is one of the UK’s leading health and beauty retailers, operating approximately 780 stores across the UK and Ireland (of which around 747 are in the United Kingdom). The company employs an estimated 13,000 to 14,000 staff nationwide and generated an annual turnover of £1.634 billion in the financial year ended December 2024, representing a 7% increase on the previous year, with pre-tax profits of £136.8 million. As the second-largest health and beauty chain in the UK behind Boots, Superdrug continues its expansion strategy with plans to open an additional 30 stores in 2026 and remains a key subsidiary of the AS Watson Group.
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