Guide price
£500,000
(£115.85/sq. ft)
Office for saleColonial House, Station Road, Leiston, Suffolk IP16
4,316 sq. ft
Just added
About this property
Fully let freehold investment producing £62,583 pa
Guide price of £500,000 reflecting £116 per sq ft on the 4,316 sq ft net area
28 car spaces and 3 minibus parking spaces
2 miles from the Sizewell C Project (£38 bn investment over the next 9-12 years)
No letting voids over the last 10 years
All tenants are on effectively Fri leases
Attractive building with pleasant outlook
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 400.97 sq m (4,316 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 minibus parking spaces, 4 of which are visitors' spaces and 1 being for a disabled user. 26 of the spaces are demised with the leases. This is an excellent ratio of car spaces to built space.
The property is the northern half of a larger building, the southern half having 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.
The building was built in 1969 and is constructed in loadbearing brickwork, being 13.5" at ground floor and 9" at first floor. There is a concrete ring beam and the first floor is timber over steel beams which run front to back at 1800 centres.
The property is fully let on effectively Fri leases. All the leases are contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954.
The property was originally used as a training centre where welding used to take place and has a substantial dedicated power supply. UK Power Networks have confirmed that the supply is whole current 3 phase which should allow up to 69 kVA. There are already some electric car charging points at the property.
Our clients have not had a single letting void in the property within the last 10 years except for when Suite 1 was being reconfigured for a new tenant who had already agreed to take the space.
Our clients have had to turn people away who are interested in renting office space.
We are instructed as Joint Auctioneers with Acuitus, contact John Mehtab and Gway Kanokwuttipong . The property will go to the auction on 17th September 2026 if not sold prior.
Please note that the floor areas have been supplied by our clients.
Location:
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, which is expected to complete in the next 9-12 years at a cost of £38 billion, creating 10,000 jobs during construction and 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 ().
The property is prominently situated within the well established Master Lord Industrial Estate, the primary industrial/business park in Leiston.
The property has a pleasant aspect overlooking a green area.
The property is 20 miles north-east of Ipswich and 20 miles south of Lowestoft.
The only other office space available in Leiston is serviced offices on Sizewell Road - these do not serve the same market as the subject property.
The property is the northern half of a larger building, the southern half having 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.
The building was built in 1969 and is constructed in loadbearing brickwork, being 13.5" at ground floor and 9" at first floor. There is a concrete ring beam and the first floor is timber over steel beams which run front to back at 1800 centres.
The property is fully let on effectively Fri leases. All the leases are contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954.
The property was originally used as a training centre where welding used to take place and has a substantial dedicated power supply. UK Power Networks have confirmed that the supply is whole current 3 phase which should allow up to 69 kVA. There are already some electric car charging points at the property.
Our clients have not had a single letting void in the property within the last 10 years except for when Suite 1 was being reconfigured for a new tenant who had already agreed to take the space.
Our clients have had to turn people away who are interested in renting office space.
We are instructed as Joint Auctioneers with Acuitus, contact John Mehtab and Gway Kanokwuttipong . The property will go to the auction on 17th September 2026 if not sold prior.
Please note that the floor areas have been supplied by our clients.
Location:
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, which is expected to complete in the next 9-12 years at a cost of £38 billion, creating 10,000 jobs during construction and 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 ().
The property is prominently situated within the well established Master Lord Industrial Estate, the primary industrial/business park in Leiston.
The property has a pleasant aspect overlooking a green area.
The property is 20 miles north-east of Ipswich and 20 miles south of Lowestoft.
The only other office space available in Leiston is serviced offices on Sizewell Road - these do not serve the same market as the subject property.
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