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Superdrug26/27 Market Street, Shipley
- New
- Sole agency
- Leasehold
Key features
- High Yielding Retail Investment
- Retail Unit and Upper Parts
- Fully Let to Superdrug
- Recently Renewed Five Year Lease
- Lease Expires 10.06.2031
- Tenant in Occupation for 15+ Years
- 4,509 sq ft (418.89 sq m)
- Prominent Corner Pitch on Popular Parade
- Investment Let at £42,000 p.a. (12.92% GIY on Guide Price)
High Yielding Retail Investment Opportunity Occupying a Prominent Pitch on a Popular Pedestrianised Parade Retail Units and Upper Parts Let to Superdrug on a Recently Renewed Five Year Lease Expiring 10.06.2031 Investment Let at £42,000 per annum
About this property
The property comprises a high yielding retail investment opportunity occupying a prominent pitch on a popular pedestrianised parade. Arranged as a retail unit and upper parts, the property is let to Superdrug Stores plc, a long-standing occupier of 15+ years, on a recently renewed five year lease expiring 10.06.2031 and paying £42,000 per annum. The property occupies a prominent corner pitch fronting the pedestrianised Well Croft and forming part of a popular parade. The area is characterised by national retailers including Iceland, Specsavers, Greggs and HSBC.
Additional information
- Superdrug Stores Plc
- -D&B Rating - 5A1 (Very Low Risk)
- -Turnover (2024) - £1.63bn
- -Pre-Tax Profit (2024) - £137m