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Lot 85

Suffolk Substation Auction Investment – Freehold Opportunity

Guide price £1,000

Description

Suffolk Substation Auction Investment – Freehold Opportunity Headlines This is a rare Suffolk substation auction investment: a freehold plot in Rendlesham, Suffolk, let on a long lease to UK Power Networks, with land and parking space offering potential for local residents or future alternative uses (subject to planning). Guide price: £1,000. Auction: 24 June 2026. Introduction: Suffolk Substation Auction Investment in Rendlesham Welcome to a unique Suffolk substation auction investment, exclusively available through Palace Auctions London. This freehold property, Substation C, Chestnut Close, Rendlesham, Woodbridge, Suffolk IP12 2UW, presents a rare chance to acquire a secure asset in the heart of the Suffolk countryside. The plot is let on a long lease to UK Power Networks, the region’s principal electricity distributor, ensuring stable tenure and operational continuity. With a guide price of just £1,000, this auction lot offers both immediate investment security and intriguing future potential. The associated land and parking space may be of use to local residents or, subject to planning, could support alternative uses. The auction takes place on 24 June 2026 at 11 Old Bond Street, Mayfair, London, and online for global bidders. This listing details the property, location, tenure, planning context, and investment appeal, ensuring you have all the information needed to make an informed decision. Prime Suffolk Substation Auction Investment – Property Overview This Suffolk substation auction investment comprises a freehold plot at Substation C, Chestnut Close, Rendlesham. The property includes an operational electricity substation, currently let on a long lease to UK Power Networks (UKPN). The lease grants UKPN exclusive rights to operate and maintain the substation, with 24/7 access and associated cable easements. The plot also features an area of land and a parking space, which may be of practical use to local residents. The substation is in active use, and the freehold is offered subject to the existing lease. Comparable auction sales for similar assets have ranged from £1,000 to £22,000, depending on location and lease terms. This lot is guided at £1,000, making it an accessible entry point for investors seeking secure, low-maintenance property holdings in a desirable rural setting. Location Highlights – Rendlesham, Suffolk Rendlesham is a picturesque village in East Suffolk, renowned for its tranquil atmosphere and strong community spirit. Located approximately 5–6 miles northeast of Woodbridge and around 10 miles from Ipswich, Rendlesham offers the perfect blend of countryside charm and urban accessibility. The village has a population of about 3,388 (2011 Census), with a mix of historic and modern housing. Chestnut Close is a quiet, predominantly residential cul-de-sac, featuring well-maintained homes and landscaped communal areas. Residents enjoy a peaceful lifestyle, enhanced by the area’s low crime rate and scenic surroundings. The Suffolk countryside, with its rolling fields and ancient woodlands, is highly sought after by investors and families alike, offering enduring appeal and strong demand for both rental and resale properties. Amenities and Community – Living in Rendlesham The Suffolk substation auction investment is situated in a vibrant village with a wealth of amenities. Rendlesham boasts local shops, a micro-pub (The Tavern), cafés, a sports centre, and a primary school, catering to the needs of families and professionals. Medical facilities, including a local doctors’ surgery, provide essential healthcare services. The community is close-knit and welcoming, with regular events and activities fostering a strong sense of belonging. The area’s infrastructure supports a high quality of life, making it attractive for both residents and investors. The presence of modern housing developments and well-kept communal spaces further enhances the village’s appeal. For those seeking a blend of rural tranquility and modern convenience, Rendlesham stands out as a prime location. Transport Links and Accessibility – Suffolk Substation Auction Investment Accessibility is a key advantage of this Suffolk substation auction investment. Rendlesham is well-served by public transport, with First Bus route 800 providing hourly connections to Woodbridge and Ipswich from Monday to Saturday. Additional bus routes link the village to nearby schools and communities. Wickham Market railway station, located on the East Suffolk Line, offers further regional connectivity, making commuting straightforward for residents. The proximity to major towns ensures access to a broader range of shops, services, and employment opportunities. For investors, the strong transport links enhance the property’s long-term value and appeal, supporting both residential and commercial demand in the area. Nearby Landmarks and Natural Attractions The Suffolk substation auction investment benefits from proximity to several notable landmarks. Rendlesham Forest, a 1,500-hectare mixed woodland, is a major local attraction, offering extensive walking, cycling, and recreational opportunities. The forest forms part of the Suffolk Coast and Heaths Area of Outstanding Natural Beauty (AONB), underscoring the region’s environmental significance. Sutton Hoo, the world-famous Anglo-Saxon burial site, is located nearby, adding cultural and historical depth to the area. RAF Bentwaters (now Bentwaters Parks) is another point of interest, reflecting the region’s rich heritage. These attractions contribute to the area’s desirability, supporting strong demand for property and enhancing the investment case for this auction lot. Tenure and Lease Details – Secure Suffolk Substation Auction Investment This Suffolk substation auction investment is offered as a freehold property, with the substation let on a long lease to UK Power Networks. UKPN is the Distribution Network Operator for East Anglia, responsible for maintaining and operating the electricity infrastructure. The lease typically runs for 60–99 years or more, granting UKPN operational and access rights, including 24/7 entry for maintenance and emergency works. Cable easements and statutory utility rights are in place, ensuring uninterrupted service and compliance with regulatory requirements.   The freeholder retains ownership of the land, with the leaseholder responsible for the substation’s operation. At lease expiry, the land and any fixtures revert to the freeholder unless renewed. This structure provides a secure, low-maintenance investment, with the potential for future asset management or alternative use, subject to planning and lease terms. Comparable Auction Sales and Market Context Recent auction sales of similar substations provide valuable context for this Suffolk substation auction investment. Guide prices for active substations with long leases have ranged from £1,000 (for smaller, rural plots) to £22,000 (for larger, urban sites with higher rental income). For example, a freehold substation in London NW10, let at £1,000 per annum, achieved a guide price of £22,000. Decommissioned substations with larger land areas have also attracted strong interest. The current lot, guided at £1,000, represents an accessible entry point for investors seeking secure, income-generating assets. The combination of a long lease to a reputable utility operator and the potential for future alternative uses enhances the property’s appeal. Investors are encouraged to review the current auction catalogue for further details and comparable opportunities. Planning and Alternative Use Potential – Suffolk Substation Auction Investment Buyers considering this Suffolk substation auction investment should be aware of the planning context. Electricity substations are classified as Sui Generis under UK planning law, meaning they do not fall within a standard use class. Any change of use, such as conversion to parking, storage, or community use, requires planning permission from the local authority (East Suffolk Council). Permitted development rights for substations apply only to statutory undertakers for electricity purposes, not for alternative uses. Prospective buyers should investigate the lease terms, wayleave rights, and consult with planning specialists before assuming alternative use potential. For authoritative guidance, refer to the Planning Portal and GOV.UK planning practice guidance. These resources provide essential information on change of use applications and statutory requirements. Due Diligence and Legal Considerations Thorough due diligence is essential for any Suffolk substation auction investment. Buyers should review the lease agreement, confirm the duration and terms, and understand the rights and obligations of both freeholder and leaseholder. It is important to check for any wayleaves, easements, or statutory rights affecting the land, as these may impact future development or alternative use. Legal advice from a qualified solicitor or property specialist is strongly recommended. Palace Auctions London provides access to legal packs and supporting documentation for all auction lots. For further assistance, visit our property valuation services page or contact our team directly. Ensuring a clear understanding of the property’s legal status will support a confident and informed bidding process. Investment Appeal – Why Choose a Suffolk Substation Auction Investment? This Suffolk substation auction investment offers a compelling blend of security, flexibility, and long-term potential. The freehold tenure, combined with a long lease to a reputable utility operator, provides stable income and minimal management requirements. The associated land and parking space may offer practical benefits to local residents or, subject to planning, support alternative uses in the future. The property’s location in Rendlesham, within the sought-after Suffolk countryside, enhances its appeal to investors seeking rural assets with strong demand and enduring value. The area’s ongoing development, proximity to major towns, and access to natural and cultural attractions further strengthen the investment case. With a guide price of just £1,000, this lot represents an accessible and attractive opportunity for both seasoned investors and first-time buyers. Auction Details and How to Participate The Suffolk substation auction investment will be offered at Palace Auctions London’s upcoming sale on 24 June 2026. The auction will take place at 11 Old Bond Street, Mayfair, London, with online bidding available for remote participants. Palace Auctions London is renowned for its 95% completion rate, transparent processes, and expert support. To participate, prospective buyers must register in advance via our Register to Bid page. Full legal packs, property details, and auction terms are available in the current auction catalogue. Our team offers multilingual support and digital registration, ensuring a seamless experience for all bidders. For further information or to arrange a viewing, please contact us directly. Next Steps – Secure Your Suffolk Substation Auction Investment To secure this Suffolk substation auction investment, we recommend early registration and thorough review of all available documentation. Prospective buyers should consult with legal and planning professionals to assess the property’s suitability for their investment objectives. Palace Auctions London provides comprehensive support, including property appraisals, legal packs, and expert guidance throughout the auction process. For tailored advice, visit our property valuation services or contact our team. Stay informed about upcoming opportunities by exploring our upcoming auctions page. This is your chance to acquire a secure, flexible asset in one of Suffolk’s most desirable locations. Summary and Call to Action In summary, this Suffolk substation auction investment represents a rare opportunity to acquire a freehold plot in Rendlesham, Suffolk, let on a long lease to UK Power Networks. The property offers secure tenure, practical land and parking space, and potential for future alternative uses (subject to planning). With a guide price of £1,000 and auction date set for 24 June 2026, this lot is ideal for investors seeking low-maintenance, high-potential assets in the Suffolk countryside. To register your interest, access legal packs, or arrange a viewing, visit our Register to Bid page or contact Palace Auctions London today. For specialist advice on planning or legal matters, consult a qualified solicitor or planning consultant, and refer to the Planning Portal and GOV.UK planning guidance. Don’t miss this exceptional investment opportunity – act now to secure your place in the auction.   Ready to bid on this Suffolk substation guidance and support.

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Edward Swindells Auctioneer Consultant Auctioneer & Valuer

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Important Notices & Guidance Notes

Important notices

Pre-registration approval to bid, guide prices, reserves, additional charges and other matters.

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Guide Prices

A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.

Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.

The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website, and you should check the website regularly for updates and on the day of the auction.

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Reserve Prices

The reserve price is the minimum price at which the Lot can be sold.

Whilst every effort is made to ensure that the advertised guide prices are up to date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.

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A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At Palace Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

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For each Lot, a documentation charge / Fee is payable on the fall of the hammer to Palace Auctions as follows:

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Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.

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Please note that Lots may be sold or withdrawn at any time prior to auction.

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Please refer to the addendum, the Particulars and/or the conditions of sale.

Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.

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