Superdrug Retail Investment Let on New 10year Lease Passing £80,000p.a.

 

Summary

  • Prime Town Centre Location
  • Full Building
  • New 10 year Lease
  • Passing £80,000per annum
  • Superdrug In Situ For 26 years
  • V.A.T Free Investment
  • Price: o/o £1,000,000

Location

The property is situated on the South side of High Street at its junction with Wine Street and Silver Street on a main thoroughfare in Yeovil.

Yeovil is a historic market town in South Somerset, England, located in the South West of the country. It lies close to the border with Dorset, approximately 42 miles (68 km) south of Bristol, 28 miles (45 km) east of Taunton, and 126 miles (203 km) west of London. Situated in the Yeovil Scarplands, the town serves as an important commercial and administrative centre for South Somerset.

With a town population of around 50,000 (built-up area), Yeovil benefits from a wide catchment area that extends across South Somerset and into parts of Dorset and Wiltshire, serving a regional population of well over 100,000. The town is well connected by road via the A30 and A37, and has two railway stations — Yeovil Pen Mill and Yeovil Junction — offering direct services to Bristol, Weymouth, London Waterloo, and other destinations. It also benefits from a central bus station with frequent local and regional services.

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Further Information

Price Offers in excess of £1,000,000

Rates Payable Upon Enquiry


Description

The property comprises a full substantial 3 storey building surmounted by a a pitched roof.

The property offers substantial aluminium framed and glazed frontage with multiple automatic entrance doors. Internally the property has been extensively fitted out by the tenant to their corporate specifications with recessed lighting with the suspended acoustic tile ceiling.

Partitions have been erected to the rear to access the upper floors providing storage, staff facilities, w.c’s and office.

Area

Bsm: 73.21sqm (788sq ft)
Ground: 548.32sqm (5,902sq ft)
1st: 49.6sqm (534sq ft)
2nd: 30.18sqm (325sq ft)

Total: 701.31sqm (7,549sq ft)

Lease Summary

The property is held on a full repairing and insuring head lease expiring 2036 at a passing rent of £80,000per annum. Superdrug have been in out since 2000 There are rent reviews and tenants option to determine on 17th February 2031.

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.