From
£375,000
Property for saleTower Ramparts Centre, Tavern Street, Ipswich IP1
Auction
About this property
Well located City Centre Freehold Shop Investment
Situated at the entrance to the Sailmakers Shopping Centre
Arranged over 4,747 sq ft
Entirely let to Albion Computers Plc on a lease expiring 2030
VAT is applicable
Investment let at £48,750 p.a. (13.00% giy on Guide Price)
Strapline
Auction Sale - 16/09/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A well located city centre freehold shop investment, situated at the entrance to the Sailmakers shopping centre and with Holland and Barrett, Boots, Vision Express and other major occupiers nearby. Let to Albion Computers Plc on a lease expiring 2030 at £48,750 p.a.
Description
The property is arranged over basement, ground and two upper floors to provide a ground floor shop with ancillary upper parts.
Location
Ipswich is located 19 miles north east of Colchester, 27 miles east of Bury St Edmunds and 53 miles east of Cambridge.
The property is situated in the town centre on the north side of the busy and pedestrianised Tavern Street, at the entrance to the Sailmakers Shopping Centre.
Nearby occupiers include Holland & Barrett, Boots, Vision Exptress, NatWest, HSBC and River Islands amongst many others.
Transport
Road - The A12 provides access to London and the M25, the A140 to Norwich and the A14 to Cambridge and the Midlands
Rail - Ipswich Rail Station provides regular direct services to London Liverpool Street (1hr 12 mins) and Norwich (41 mins)
Bus - Tower Ramparts bus station is situated outside the Crown Street entrance to Sailmakers
Tenancy
Let to Albion Computers plc on a full repairing and insuring lease subject to a schedule of condition for a term of 5 years from June 2025 at £48,750 per annum (exclusive of VAT).
The lease provides for a tenant break option at the end of the 3rd anniversary. If the break is not actioned, the tenant will benefit from 3 months rent free from 1st July 2028.
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For the year ended December 2023, Albion Computers Plc reported
·
D&B Rating: 2A 2
Turnover: £69,379,165·
Pre-tax profit: £1,348,922·
Shareholders Funds: £5,783,513
(Source: Incans 28/08/2025)
Accommodation
Ground Floor - 178.50 sq m (1,921 sq ft)
Basement - 67.00 sq m (721 sq ft)
First Floor - 156.90 sq m (1,689 sq ft)
Second Floor - 38.65 sq m (416 sq ft)
Total - 441.05 sq m (4,747 sq ft)
Auction Sale - 16/09/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A well located city centre freehold shop investment, situated at the entrance to the Sailmakers shopping centre and with Holland and Barrett, Boots, Vision Express and other major occupiers nearby. Let to Albion Computers Plc on a lease expiring 2030 at £48,750 p.a.
Description
The property is arranged over basement, ground and two upper floors to provide a ground floor shop with ancillary upper parts.
Location
Ipswich is located 19 miles north east of Colchester, 27 miles east of Bury St Edmunds and 53 miles east of Cambridge.
The property is situated in the town centre on the north side of the busy and pedestrianised Tavern Street, at the entrance to the Sailmakers Shopping Centre.
Nearby occupiers include Holland & Barrett, Boots, Vision Exptress, NatWest, HSBC and River Islands amongst many others.
Transport
Road - The A12 provides access to London and the M25, the A140 to Norwich and the A14 to Cambridge and the Midlands
Rail - Ipswich Rail Station provides regular direct services to London Liverpool Street (1hr 12 mins) and Norwich (41 mins)
Bus - Tower Ramparts bus station is situated outside the Crown Street entrance to Sailmakers
Tenancy
Let to Albion Computers plc on a full repairing and insuring lease subject to a schedule of condition for a term of 5 years from June 2025 at £48,750 per annum (exclusive of VAT).
The lease provides for a tenant break option at the end of the 3rd anniversary. If the break is not actioned, the tenant will benefit from 3 months rent free from 1st July 2028.
---
For the year ended December 2023, Albion Computers Plc reported
·
D&B Rating: 2A 2
Turnover: £69,379,165·
Pre-tax profit: £1,348,922·
Shareholders Funds: £5,783,513
(Source: Incans 28/08/2025)
Accommodation
Ground Floor - 178.50 sq m (1,921 sq ft)
Basement - 67.00 sq m (721 sq ft)
First Floor - 156.90 sq m (1,689 sq ft)
Second Floor - 38.65 sq m (416 sq ft)
Total - 441.05 sq m (4,747 sq ft)
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