Modern two storey office building with car parking
Potential for future residential conversion (subject to consents)
2 miles west of Sizewell B and C Nuclear Power Stations
Approx. floor area of 401.83 sq m (4,325 sq ft)
Entirely let with all longstanding tenants
30 demised car parking spaces with additional parking nearby
Located within the well-established Master Lord Industrial Park
Lot 20
Auction 17th September 2026
Rent £62,631 per Annum Exclusive
Status Available
Guide* £500,000
Sector Office
Auction Venue Live Streamed Auction
Property Information
Location
Miles
21 miles north-east of Ipswich, 20 miles south of Lowestoft
Roads
A12, A1094, B1122, B1069
Rail
Saxmundham Railway Station
Air
Norwich International Airport, London Stansted Airport
Situation
Leiston is an affluent Suffolk town 20 miles north east of Ipswich benefitting from being 2 miles west of Sizewell B Nuclear Power Station and the new Sizewell C Project. The Sizewell C Project is the construction of a 3.2 gigawatt nuclear power station, expecting to complete in the next 9-12 years at a cost of £38 billion and expecting to create 10,000 jobs during construction and expected to be in operation for at least 60 years. The project will further benefit the local economy by way of The Sizewell C Memorandum of Understanding and The Neighbourhood Fund. Under the Memorandum of Understanding, the Sizewell C Consortium has committed to spending £4.4 billion with businesses across the East of England, supporting regional employment, skills and supply-chain opportunities (https://www.sizewellc.com/news-views/final-investment-decision-reached-for-sizewell-c-the-biggest-british-clean-energy-project-in-a-generation/).
The property is prominently situated within the well established Master Lord Industrial Estate, the primary industrial/business park in Leiston.
Tenure
Freehold.
Location
Miles
21 miles north-east of Ipswich, 20 miles south of Lowestoft
Roads
A12, A1094, B1122, B1069
Rail
Saxmundham Railway Station
Air
Norwich International Airport, London Stansted Airport
Situation
Leiston is an affluent Suffolk town 20 miles north east of Ipswich benefitting from being 2 miles west of Sizewell B Nuclear Power Station and the new Sizewell C Project. The Sizewell C Project is the construction of a 3.2 gigawatt nuclear power station, expecting to complete in the next 9-12 years at a cost of £38 billion and expecting to create 10,000 jobs during construction and expected to be in operation for at least 60 years. The project will further benefit the local economy by way of The Sizewell C Memorandum of Understanding and The Neighbourhood Fund. Under the Memorandum of Understanding, the Sizewell C Consortium has committed to spending £4.4 billion with businesses across the East of England, supporting regional employment, skills and supply-chain opportunities (https://www.sizewellc.com/news-views/final-investment-decision-reached-for-sizewell-c-the-biggest-british-clean-energy-project-in-a-generation/).
The property is prominently situated within the well established Master Lord Industrial Estate, the primary industrial/business park in Leiston.
Tenure
Freehold.
Description
The property comprises a modern and attractive two-storey office building providing well-configured and flexible office accommodation, currently divided into 9 smaller office suites, and extending to approximately 401.83 sq m (4,325 sq ft). The accommodation is predominantly open plan and benefits from a passenger lift serving both floors. The property also benefits from 31 demised parking spaces, 3 of which are mini bus parking spaces, 4 of which are visitors' spaces and 1 of which is a disabled parking space.
The property forms part of a larger building, approximately 50% of which has already been converted to provide 10 residential apartments. The configuration and layout of the building lends itself well to residential conversion and, accordingly, the subject property may offer potential for full residential conversion, subject to obtaining all necessary consents.
VAT
VAT is applicable to this lot.
EPC
Band D.
Description
The property comprises a modern and attractive two-storey office building providing well-configured and flexible office accommodation, currently divided into 9 smaller office suites, and extending to approximately 401.83 sq m (4,325 sq ft). The accommodation is predominantly open plan and benefits from a passenger lift serving both floors. The property also benefits from 31 demised parking spaces, 3 of which are mini bus parking spaces, 4 of which are visitors' spaces and 1 of which is a disabled parking space.
The property forms part of a larger building, approximately 50% of which has already been converted to provide 10 residential apartments. The configuration and layout of the building lends itself well to residential conversion and, accordingly, the subject property may offer potential for full residential conversion, subject to obtaining all necessary consents.
VAT
VAT is applicable to this lot.
EPC
Band D.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas sq m
Floor Areas sq ft
Tenant
Term
Rent p.a.x
Reviews (Reversion)
Suite 1
First
Office/Ancillary x 10 Car parking spaces
171.93
(1,851)
DAYES LIMITED (CRN 03765504) (1)
5 years from 01/02/2025 (1)
£27,750
(31/01/2030)
Suite 4
First
Office/Ancillary x 3 Car parking spaces
36.30
(391)
QDEX LIMITED (CRN 04438483) (5)
5 years from 24/12/2024
£6,150
(23/12/2029)
Suite 7
Ground
Office
18.80
(202)
DAYES LIMITED (CRN 03765504) (1)
5 years from 01/02/2025
£3,150
(31/01/2030)
Suite 8-9
Ground
Office x 2 Car parking spaces
37.90
(408)
BEES BUZZ PUBLIC RELATIONS LIMITED (CRN 09640859) (2)
6 years from 24/12/2024
£6,105
(23/12/2030)
Suite 10
Ground
Office
9.70
(104)
CITIZENS ADVICE EAST SUFFOLK LTD (CRN 05866861) (3)
5 years from 01/02/2025
£1,248
(31/01/2030)
Suite 11-12
Ground
Office x3 Bus parking spaces x 2 Car parking spaces
34.20
(368)
COASTAL ACCESSIBLE TRANSPORT SERVICES LIMITED (CRN IP28439R) (4)
6 years from 24/12/2024
£6,900
(23/12/2030)
Suite 14
Ground
Office/Ancillary x 8 Car parking spaces
93.00
(1,001)
CITIZENS ADVICE EAST SUFFOLK LTD (CRN 05866861) (3)
5 years from 01/02/2025
£11,280
(31/01/2030)
Total Approximate Area
401.83 (6)
(4,325) (6)
£62,583
(1) As to Suites 1 and 7, Dayes Limited (CRN 03765504) were incorporated in 1999 and provide housewares products worldwide (www.dayesuk.com). The lease provides for a tenant option to determine the lease on 1st February 2028 upon serving 6 months notice. (2) As to Suites 8 and 9 Bees Buzz Public Relations Limited (CRN 09640859) was incorporated in 2015 and provide public relations services dedicated to the professional audio visual industry (www.beesbuzzpr.com). The lease provides for a tenant option to determine the lease on 24th December 2027 upon serving 6 months notice. (3) As to Suite 10, Citizens Advice East Suffolk Ltd (CRN 05866861) is an independent registered charity and is part of the Citizens Advice network. (4) As to Suites 11 and 12, Coastal Accessible Transport Services Limited (CRN IP28439R) is a non-profit organisation providing accessible transport services (www.cats-paws.co.uk). The lease provides for a tenant Rolling option to determine the lease upon serving 6 months' notice. The option is conditional upon tenant having complied with its obligations in the lease. (5) As to Suite 4, Qdex Limited (CRN 04438483) was incorporated in 2002 is a leading manufacturer and distributor of plain and printed labels (www.qdex.co.uk). The lease provides for a tenant option to determine the lease on 24th December 2027 upon serving 6 months notice. (6) The floor areas stated above are those published by the Valuation Office Agency/HMRC (www.voa.gov.uk).
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.
