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Town Centre Investment let to Superdrug Stores Plc - Gross Yield 16.7%
Address
See address
Auction date
22 Oct 2026
Guide price
£150,000
Type
Commercial
Tenure
Leasehold
EPC Rating
Unknown
Status
Upcoming
Description
This property is a **mid terraced building** situated in a prominent town centre location, currently let to **Superdrug Stores Plc** with a gross yield of **16.7%**. It has been in the same family ownership for approximately **53 years**, making it a rare investment opportunity.
- Large ground floor shop with basement
- First and second floor ancillary accommodation
- Total area of approximately **6,855 sq ft**
- Leasehold for a term of **999 years from 1972**
- Fixed ground rent of **£900 per annum**
- The property has a tenant in place with a robust financial history.
Ilfracombe is a sought-after seaside resort located on the North Devon Coast, benefiting from good transport links and a thriving local economy. This property represents a great investment for those looking to secure rental income in a popular area.
Last update: 02 Oct 2026
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The property is a substantial former Pre-School building situated on a freehold site of just under 0.3 acres. This commercial property offers approximately 242 square meters of versatile ground floor accommodation ideal for various applications. The building benefits from modern windows, electric security shutters, and a spacious car park providing off-road parking.
Auction Date
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Guide Price
£150,000
A notable mixed-use property featuring residential and commercial spaces is now available. This three-storey structure, including a basement, has a well-located commercial shop on the ground floor, alongside two residential flats and a double garage at the rear. Beneficially, the property is part let and part vacant, presenting a lucrative opportunity for investors, with a projected rental income exceeding £25,000 per year when fully occupied.
Auction Date
28 Oct 2026
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£160,000
This freehold shop and office investment is strategically located near the junction with South Street Tarring. It features a ground floor shop with separate access to a self-contained office on the first floor. With a gross yield of 10.5% and potential for conversion to residential use, this property offers both immediate income and future development opportunities.
Auction Date
22 Oct 2026
Guide Price
£130,000
This property is a **mid terraced building** situated in a prominent town centre location, currently let to **Superdrug Stores Plc** with a gross yield of **16.7%**. It has been in the same family ownership for approximately **53 years**, making it a rare investment opportunity.
Auction Date
22 Oct 2026
Guide Price
£150,000
This mid-terraced building offers a prime
Auction Date
22 Oct 2026
Guide Price
£175,000
Offering a prime investment opportunity, this ground floor and basement restaurant in Bournemouth boasts a gross yield of 10.2%. The restaurant is situated at a bustling junction close to notable brands such as Ladbrokes and Domino's, enhancing foot traffic and visibility.
Auction Date
22 Oct 2026
Guide Price
£175,000