Tenanted Commercial Investment Property

Let to Superdrug Stores Plc on a new 5 year lease with a fixed rental increase to £25,000 pa in the third year. Comprises approximately 936.52 sq m (10,081 sq ft). The property comprises a substantial three storey building arranged as a ground floor shop together with ancillary accommodation on the first and second floors. New 5 year lease from December 2025 (expiring December 2030) Let to Superdrug Stores Plc 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) Let to Superdrug Stores Plc on a 5 year lease from 25.12.2025, expiring 24.12.2030 at an initial rent of £22,500 pa. The lease provides for a fixed rental increase to £25,000 pa at the third anniversary of the term. There is a break option on 31 January 2029 subject to 6 months written notice. Superdrug Stores Plc for the year ending December 2024: D&B Rating: 5A 1 Revenue: £1,634,452,000 Pre-tax profit: £136,826,000 Tangible net worth: £299,062,000 Tenancy Details Type of Agreement: Full Repairing & Insuring (FRI) Length: 2030 Rent: £22,500 per year / £1,875 per month Yield: 8% (approx) Tenant: Company Notes: New 5 year lease from December 2025 (expiring December 2030)