Recently renewed 10 year lease until November 2035 (subject to option)
Substantial retail warehouse of 18,839 sq ft
Site area of approx. 0.87 Acres (0.35 Ha)
Prominent position with extensive frontage to the A12
Traded as The Original Factory Shop for over 25 years
Lot 19
Auction 12th February 2026
Rent £95,000 per Annum Exclusive
Status Sold
Price £564,000
Sector Retail Warehouse
Auction Venue Live Streamed Auction
Property Information
Location
Miles
4 miles north of Southwold, 45 miles north-east of Ipswich, 27 miles south east of Norwich
Roads
A12
Rail
Darsham Railway Station
Air
Norwich International Airport
Situation
Wrentham is an attractive village located near to the famous Suffolk county town of Southwold. The property is situated in a prominent position on London Road (A12), which leads onto High Street approximately 100 metres to the north and is 17 miles north of the proposed new Sizewell B Power Station development which will bring strong economic benefits to the area during the construction process. The property is located in a predominantly residential area with Meadowlands residential development located diagonally opposite the property.
Tenure
Freehold.
Location
Miles
4 miles north of Southwold, 45 miles north-east of Ipswich, 27 miles south east of Norwich
Roads
A12
Rail
Darsham Railway Station
Air
Norwich International Airport
Situation
Wrentham is an attractive village located near to the famous Suffolk county town of Southwold. The property is situated in a prominent position on London Road (A12), which leads onto High Street approximately 100 metres to the north and is 17 miles north of the proposed new Sizewell B Power Station development which will bring strong economic benefits to the area during the construction process. The property is located in a predominantly residential area with Meadowlands residential development located diagonally opposite the property.
Tenure
Freehold.
Description
The property comprises a substantial retail warehouse arranged over ground and first floors. The property benefits from a site area of approximately 0.87 Acres (0.35 Ha) and customer parking for approximately 30 cars.
The property may be suitable for future mixed retail and residential use as well as EV charging points, subject to obtaining the necessary consents.
VAT
VAT is applicable to this lot.
EPC
Band C.
Description
The property comprises a substantial retail warehouse arranged over ground and first floors. The property benefits from a site area of approximately 0.87 Acres (0.35 Ha) and customer parking for approximately 30 cars.
The property may be suitable for future mixed retail and residential use as well as EV charging points, subject to obtaining the necessary consents.
VAT
VAT is applicable to this lot.
EPC
Band C.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground First
Retail/Ancillary Ancillary
1,122.55 627.65
(12,083) (6,756)
THE ORIGINAL FACTORY SHOP GROUP LIMITED (t/a The Original Factory Shop) (1)
10 years from 04/11/2025 (2)
£95,000
04/11/2030 (3)
Total
1,750.20
(18,839)
£95,000
(1) The tenant is not subject to the Company Voluntary Arrangement (CVA) or the Notice of Intention to Appoint Administrators (NOI) affecting another company within the TOFS group. (2) The lease provides a tenant option to determine on 03/11/2030 upon serving 6 months written notice. (3) The rent review is to the higher of Open Market Value or 2.5% pa compounded annually over 5 years.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
