Superdrug Stores Plc, 2-6 Fore Street, Chard

Guide price

£290,000

Auction

Size

8,018

Tenure

Freehold

EPC

Parking

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Primary use
Other

No floor / site plan

Key features

  • High Yielding Retail Investment
  • Ground Floor Retail Unit and Upper Parts
  • Let to Superdrug
  • Five Year Lease Expiring 28.09.2028
  • Long Standing Tenants of 30+ Years
  • Asset Management Potential
  • 8,018 sq ft (744.87 sq m)
  • Occupying High Footfall Pitch
  • Investment Let at £36,000 (12.4% GIY on Guide Price)

Description

This property comprises a high yielding retail investment occupying a high footfall pitch fronting Fore Street.

Arranged as a ground floor retail unit and ancillary upper parts, the property is fully let to Superdrug on a five year lease expiring 28.09.2028 on £36,000 per annum.

The tenant is a long standing occupier of 30+ years, and we therefore consider the property offers asset management potential via renewal of the lease upon expiry.

The property occupies a prominent high footfall pitch and the surrounding area is characterised by national retailers including Boots, Hays Travel, and Costa.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

Superdrug Stores Plc, 2-6 Fore Street, Chard

NEAREST STATIONS

National Rail

Axminster Station

6.75 miles

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Disclaimer - Property reference F67B93B1-89DC-4FE4-81EF-1BFD220EB526. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills National , Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.