Superdrug Stores Plc, 13-17 Bridge Street, Worksop
Guide Price
£180,000
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Retail Unit and Upper Parts
- Let to Superdrug
- Five Year Lease Expiring 27.06.2027
- 2025 Break Option Not Exercised
- Long Standing Tenant of Approx 15 Years
- Asset Management Potential
- High Footfall Pedestrianised Street
- Investment Let at £29,000 p.a. (16.1% GIY on Guide Price)
Description
The property comprises a high yielding retail investment occupying a prominent pitch on a pedestrianised street.
Arranged across ground and first floors, the property is fully let to Superdrug, a long standing tenant of approx. 15 years, on a five year lease expiring 27.06.2027 and paying £29,000 per annum.
The tenant did not exercise their 2025 break option, displaying confidence in the location. We consider the property offers asset management potential via renewal of the lease.
The property occupies a prominent pitch fronting the pedestrianised Bridge Street, the principal retail amenity in Worksop. Nearby occupiers include Greggs, Specsavers, Boots, Holland & Barrett and a number of local occupiers.
Arranged across ground and first floors, the property is fully let to Superdrug, a long standing tenant of approx. 15 years, on a five year lease expiring 27.06.2027 and paying £29,000 per annum.
The tenant did not exercise their 2025 break option, displaying confidence in the location. We consider the property offers asset management potential via renewal of the lease.
The property occupies a prominent pitch fronting the pedestrianised Bridge Street, the principal retail amenity in Worksop. Nearby occupiers include Greggs, Specsavers, Boots, Holland & Barrett and a number of local occupiers.
Superdrug Stores Plc, 13-17 Bridge Street, Worksop
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Worksop Station0.5 miles
- Shireoaks Station2.3 miles
- Whitwell Station3.6 miles
Notes
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