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Sailmakers Shopping Centre Tavern St 210,161 SF 93% Leased Retail Building Ipswich IP1 3BB $691,197 CAD ($3.29 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Well located City Centre Freehold Shop Investment
  • Arranged over 4,747 sq ft
  • VAT is applicable
  • Situated at the entrance to the Sailmakers Shopping Centre
  • Entirely let to Albion Computers Plc on a lease expiring 2030
  • Investment let at £48,750 p.a. (13.00% GIY on Guide Price)

EXECUTIVE SUMMARY

Lot 102 is available by way of Savills auctions 1st October 2025
The property is arranged over basement, ground and two upper floors to provide a ground floor shop with ancillary upper parts.

PROPERTY FACTS Under Contract

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
210,161 SF
Building Class
B
Year Built
1986
Price
$691,197 CAD
Price Per SF
$3.29 CAD
Percent Leased
93%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.00
Lot Size
4.84 AC
Frontage
54’ on Tavern St

AMENITIES

  • Property Manager on Site
  • Automatic Blinds
  • Storage Space
  • Balcony

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • -
  • 2,876 SF
  • -
  • Oct 2027

Bodycare was launched in 1970 by Graham and Margaret Blackledge on a market stall in Skelmersdale, Lancashire and has been serving customers for more than 50 years. They now have 130 stores across the country and with their incredibly simple online experience, they’re making health and beauty shopping hassle-free. Whether you’re looking for a special fragrance, make up bag treat or an everyday essential, you’ve come to the right place. They’re passionate about delivering quality brands, both big and small, to you and your family at prices you’ll love.

  • -
  • 33,692 SF
  • -
  • Mar 2033

Boots is the UK’s leading health and beauty retailer. For over 170 years, they’ve listened, learned and innovated, and continue to challenge ourselves to improve their products and services every day. Over recent years, Boots has evolved at pace to transform into an integrated pharmacy, healthcare and retail business, serving millions of customers and patients every day. With loads of stores ranging from local community pharmacies to large destination health and beauty stores, their purpose is to support their customers and patients through every stage of their lives. They put their customers in control of their health and wellbeing and aim to unlock the beauty in everyone with our unrivalled depth and breadth of product offering.

  • Centre Management
  • -
  • 8,516 SF
  • -
  • -
  • HBW Contracts
  • -
  • 3,531 SF
  • -
  • Feb 2026
  • -
  • 4,247 SF
  • -
  • Feb 2029

HMV is a British music and entertainment retailer whose name stands for His Master’s Voice. This is the title of a painting by Francis Barraud of Nipper the dog listening to a Phonograph cylinder, which was purchased by the company in 1899. The brand itself is over 100 years old, with origins dating back to a Gramophone Company on London’s Oxford Street in 1921.

  • -
  • 9,566 SF
  • -
  • Feb 2029

Iceland Foods is a unique British food retailer with franchised stores across Europe, and a global export business. Iceland is one of Britain’s fastest-growing and most innovative retailers, recognised as one of the best companies to work for in the UK. In 1970, Malcolm Walker opens the first Iceland shop in Oswestry, Shropshire, selling loose frozen food.

  • Leading Labels
  • -
  • 7,124 SF
  • -
  • Oct 2027
  • -
  • 21,218 SF
  • -
  • Jan 2029

Since opening their first store in Burton-upon-Trent in 1990, Poundland have built a network of hundreds of stores in the UK and the Republic of Ireland, offering top brands and great quality own brand products that provide customers with amazing value every day. They serve up to millions of customers every week from Aberdeen to Abingdon, Londonderry to Llandudno and Peterborough to Poole. They offer thousands of quality products in store with many well-known brands in shopping categories including food and drink, health and beauty, household, gardening, DIY, pet, stationery, books, DVDs and toys. Within the UK they’ve also rolled out clothing to their larger stores, offering women’s, men’s and kids’ fashion and bringing new style to their stores with simple low pricing on family fashion that’s hard to find on local high streets.

  • -
  • 12,843 SF
  • -
  • Jan 2026

Family owned from day one, River Island have been a big part of life on the UK high street for over 70 years. Today, still guided by shared values and a clear focus on their customers, they're one of the strongest and most successful fashion brands around. And they're changing like never before – exploring new ways to connect with their customers in person and online. And their talented Islanders are thinking differently about everything from products and stores to wellbeing and sustainability. The result is an energising culture you’ll love, work that’ll stretch you, a career you can build and a brand you’ll be proud to belong to.

  • -
  • 2,811 SF
  • -
  • Aug 2025

Since 1893 Ryman has been a leading name on the high street, providing customers all over the UK with pens, pencils, calculators, notebooks, and more stationery essentials. They pride themselves on their wide range of office supplies, technology, and garden furniture. Their experts hand-select every item from ballpoint pens to printers to hot tubs, and they have exclusive products from brands that customers love and trust, like HP, Biro, Really Useful Boxes, and more.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
- 2,876 SF - Oct 2027
- 33,692 SF - Mar 2033
Centre Management - 8,516 SF - -
HBW Contracts - 3,531 SF - Feb 2026
- 4,247 SF - Feb 2029
- 9,566 SF - Feb 2029
Leading Labels - 7,124 SF - Oct 2027
- 21,218 SF - Jan 2029
- 12,843 SF - Jan 2026
- 2,811 SF - Aug 2025

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 12
  • 1,699 SF
  • Retail
  • End Cap
  • Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£27,500per annum exclusive

  • 14
  • 683 SF
  • Retail
  • End Cap
  • Now

Prime shopping centre retail premises

  • 27
  • 511 SF
  • Retail
  • End Cap
  • Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£15,000annum exclusive

  • 29-30
  • 2,085 SF
  • Retail
  • In-Line
  • Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£20,000 per annum

  • 31
  • 1,050 SF
  • Retail
  • End Cap
  • Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£15,000annum exclusive

  • 4
  • 2,052 SF
  • Retail
  • In-Line
  • Now

Prime shopping centre retail premises Rent: £35,000 pa excl. Service Charge

  • 5
  • 1,693 SF
  • Retail
  • End Cap
  • Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£25,000 per annum exclusive

  • Unit 13
  • 638 SF
  • Retail
  • In-Line
  • Now

Prime shopping centre retail premises Rent: £17,500 pa.

  • Unit 3
  • 2,876 SF
  • Retail
  • In-Line
  • Now

Prime shopping centre retail premises Rent: £35,000 pa excl. Service Charge

  • Unit 22
  • 650 SF
  • Retail
  • -
  • Now

Prime position retail unit situated on the first floor mall providing open plan sales accommodation. The unit is finished to full white box spec ready to be fitted out.

Space Size Space Use Position Available
12 1,699 SF Retail End Cap Now
14 683 SF Retail End Cap Now
27 511 SF Retail End Cap Now
29-30 2,085 SF Retail In-Line Now
31 1,050 SF Retail End Cap Now
4 2,052 SF Retail In-Line Now
5 1,693 SF Retail End Cap Now
Unit 13 638 SF Retail In-Line Now
Unit 3 2,876 SF Retail In-Line Now
Unit 22 650 SF Retail - Now

12

Size
1,699 SF
Space Use
Retail
Position
End Cap
Available
Now

14

Size
683 SF
Space Use
Retail
Position
End Cap
Available
Now

27

Size
511 SF
Space Use
Retail
Position
End Cap
Available
Now

29-30

Size
2,085 SF
Space Use
Retail
Position
In-Line
Available
Now

31

Size
1,050 SF
Space Use
Retail
Position
End Cap
Available
Now

4

Size
2,052 SF
Space Use
Retail
Position
In-Line
Available
Now

5

Size
1,693 SF
Space Use
Retail
Position
End Cap
Available
Now

Unit 13

Size
638 SF
Space Use
Retail
Position
In-Line
Available
Now

Unit 3

Size
2,876 SF
Space Use
Retail
Position
In-Line
Available
Now

Unit 22

Size
650 SF
Space Use
Retail
Position
-
Available
Now

12

Size 1,699 SF
Space Use Retail
Position End Cap
Available Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£27,500per annum exclusive

14

Size 683 SF
Space Use Retail
Position End Cap
Available Now

Prime shopping centre retail premises

27

Size 511 SF
Space Use Retail
Position End Cap
Available Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£15,000annum exclusive

29-30

Size 2,085 SF
Space Use Retail
Position In-Line
Available Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£20,000 per annum

31

Size 1,050 SF
Space Use Retail
Position End Cap
Available Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£15,000annum exclusive

4

Size 2,052 SF
Space Use Retail
Position In-Line
Available Now

Prime shopping centre retail premises Rent: £35,000 pa excl. Service Charge

5

Size 1,693 SF
Space Use Retail
Position End Cap
Available Now

Prime shopping centre retail premises The property is available by way of a new effective full repairing and insuring lease for a term of years to be agreed at a rent of:-£25,000 per annum exclusive

Unit 13

Size 638 SF
Space Use Retail
Position In-Line
Available Now

Prime shopping centre retail premises Rent: £17,500 pa.

Unit 3

Size 2,876 SF
Space Use Retail
Position In-Line
Available Now

Prime shopping centre retail premises Rent: £35,000 pa excl. Service Charge

Unit 22

Size 650 SF
Space Use Retail
Position -
Available Now

Prime position retail unit situated on the first floor mall providing open plan sales accommodation. The unit is finished to full white box spec ready to be fitted out.

NEARBY MAJOR RETAILERS

Pure Gym
Revolution
Caffè Nero
Bakers + Baristas
Starbucks
Londis
Waitrose & Partners
Morrisons
The Co-operative Bank
Tsb Bank Plc
  • Listing ID: 37564757

  • Date on Market: 2025-09-05

  • Last Updated:

  • Address: Tavern St, Ipswich IP1 3BB

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