Superdrug, 26/27 Market Street, Shipley | Property for sale | Savills
Guide price £325,000(NT$13,706,801)

Superdrug26/27 Market Street, Shipley

  • New
  • Sole agency
  • Leasehold
Investment
Yield 13%Yield

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