Let to Sportswift Limited t/a Card Factory until October 2027 on a renewed lease at a rebased rent
Tenant in occupation for over 18 years
Prominent position in prime retail thoroughfare in Paignton town centre
Approx. 153.88 sq m (1,656 sq ft)
Popular seaside town location
Nearby occupiers Costa Coffee, Greggs, Boots Opticians, Specsavers, Holland & Barrett, New Look, Iceland, EE and Vodafone
VAT-free investment
Lot 35
Auction 11th June 2026
Rent £22,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
24 miles south of Exeter, 30 miles east of Plymouth
Roads
A379, A380, A3022
Rail
Paignton Railway Station
Air
Exeter International Airport, Cornwall Airport Newquay
Situation
The property is prominently situated in a prime retail thoroughfare on the southern side of the pedestrianised Victoria Street, in the heart of Paignton town centre. Nearby occupiers Costa Coffee, Greggs, Boots Opticians, Specsavers, Holland & Barrett, New Look, Iceland, EE and Vodafone.
Tenure
Virtual Freehold. Held for a term of 999 years from completion of the sale at a fixed peppercorn rent.
Location
Miles
24 miles south of Exeter, 30 miles east of Plymouth
Roads
A379, A380, A3022
Rail
Paignton Railway Station
Air
Exeter International Airport, Cornwall Airport Newquay
Situation
The property is prominently situated in a prime retail thoroughfare on the southern side of the pedestrianised Victoria Street, in the heart of Paignton town centre. Nearby occupiers Costa Coffee, Greggs, Boots Opticians, Specsavers, Holland & Barrett, New Look, Iceland, EE and Vodafone.
Tenure
Virtual Freehold. Held for a term of 999 years from completion of the sale at a fixed peppercorn rent.
Description
The property comprises a retail unit arranged on the ground floor with ancillary accommodation on the first floor.
VAT
VAT is not applicable to this lot.
Note
30 Victoria Street will be offered separately as Lot 26. The residential upper floors may be available by separate negotiation.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a retail unit arranged on the ground floor with ancillary accommodation on the first floor.
VAT
VAT is not applicable to this lot.
Note
30 Victoria Street will be offered separately as Lot 26. The residential upper floors may be available by separate negotiation.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Tenant
Term
Rent p.a.x.
Ground First
Retail Ancillary
109.70 44.18
(1,180) (476)
SPORTSWIFT LIMITED (t/a Card Factory) (2)
5 years from 08/10/2022
£22,000
Total
153.88
(1,656)
£22,000
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). (2) Sportswift Limited are a subsidiary of Card Factory plc and for the year ending 31st January 2025 reported revenue of £507,769,000, pre-tax profit of £72, 957,000 and net assets of £71,490,000. Card Factory currently trades from over 1,100 stores across the UK and Ireland (https://www.cardfactoryinvestors.com/) (Companies House: 07/05/2026).
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.
