Barnett Ross · 22 Oct 2026 · in 3 days
Town Centre Investment let to Superdug Stores Plc - Gross Yield 16.7%
25 High Street, Ilfracombe, Devon EX34 9DA · South West
LiveRetailLeaseholdLet
- Guide
- £150,000
- Rent a year
- £25,000
- Yield on the guide
- 16.7%
- Payback
- 6.0 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 3,050 sq ft£8.20 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 23 Feb 2024 (certificate 5077-3969-7416-3855-2046). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Barnett Ross' record
Barnett Ross' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold retail lot in Ilfracombe. Producing £25,000 a year, a 16.7% gross yield at the guide.
Town Centre Investment let to Superdug Stores Plc - Gross Yield 16.7% In same family ownership for approx. 53 years. 6 Week Completion A mid terraced building comprising a Large Ground Floor Shop with Basement , First and Second Floor Ancillary Accommodation. Accommodation¹ Ground Floor Shop Gross Frontage 23'2" Area Approx. 3,050 sq ft Basement Ancillary Area Approx. 2,317 sq ft First Floor Ancillary Area Approx. 1,218 sq ft Second Floor Ancillary Area Approx. 270 sq ft Total Area Approx. 6,855 sq ft ¹Not inspected by Barnett Ross. Areas taken from VOA. VAT is applicable to this Lot Tenure Leasehold for a term of 999 years from 29th September 1972 (thus having approx. 945 years unexpired) at a fixed ground rent of £900 p.a. Tenancy: The entire property is let on a full repairing and insuring lease to Superdrug Stores PLC t/a Superdrug (having approx. 789 branches) (T/O for Y/E 27/12/2025 £1.7 billion, Pre-Tax Profit £144 million and Shareholders' Funds £471 million) for a term of 30 years years from 24th June 2000 (in occupation for over 26 years) at a current rent of £25,000 per annum exclusive. Rent Review June 2025 (Outstanding) Tenant's Break June 2028 Note: The…
Figures come from Barnett Ross' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.