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Superdrug, Brentwood

Superdrug, 49 High Street, Brentwood, Essex, CM14 4RH

Basic Facts

Property ID: 12693 Post Updated: 2020-10-15 17:27:46
Status: Type:
Tenure: Freehold Area: 8708 sq ft
Gross Rent: £ 173,900 Lease Term: Lease expiring Dec' 2020
VAT applicable: Yes

Property Description

  • Freehold Blue-Chip Retail Investment.
  • The property is arranged on ground and first floor but also has a basement to provide an attractive parade providing retail accommodation totalling 8,078 sq ft.

Location Description

  • Brentwood, with a population of some 79,000, is a popular South Essex town, located approximately 18 miles(28 km) north-east of Central London and 11 miles (18 km) south-west of Chelmsford.
  • The town is well connected being located south-east of the A12, which links to Junction 28 of the M25 Motorway approximately 1 mile (1.6 km) away. Brentwood Rail Station provides regular services to London (Liverpool Street, fastest time 29 minutes) and is currently being improved to facilitate the new Crossrail services, (www.crossrail.co.uk).
  • The property is situated on the north side of High Street (A1023), between its junctions with Ongar Road and Weald Road
  • Occupiers close by include Boots (adjacent), Starbucks, O2 and Thornton’s (all opposite), Pandora, New Look, Iceland, and Marks and Spencer amongst many others.
  • The William Hunter Way Car Park and Sainsbury’s Superstore are also located close to the property.

Additional Notes

  • The property is let to the strong covenant of Superdrug Stores Plc until December 2020 for £173,900 per annum.
  • For the year ending 31st December 2016, Superdrug Stores Plc reported a turnover of £1,213,600,000, pre-tax profits of £80,385,000
    and a total net worth of £86,291,000 (Source: Experian Group 27/4/2018).

Features

£1m - £5m
Blue-chip tenant
Customer car parking
Finance available
Freehold
Large plot

View on Map

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