National Online Auction - 5th to 6th October 2026
Description
National Online Auction - 5th to 6th October 2026
Tenanted Mixed Use Property – Currently Producing £44,550 Pa – Retail Unit With Two Flats
Not inspected by Auction House, however understood to briefly comprise a two storey, mid- terraced building which is configured as a traditional mixed-use asset. In its current configuration, the property provides for a self-contained retail unit, utilised over both ground and first floors, with residential accommodation to the remainder of the first floor in the form of 2 no. self-contained flats.
The commercial aspect of the property is utilised as a conventional convenience store to the ground floor with ancillary retail space to a proportion of the first floor.
The convenience store provides for a main open plan sales area to the front alongside several storage rooms, a manager’s office and staff and WC facilities.
In addition to the ground floor space, a small proportion of the first floor also forms part of the commercial element of the asset. This aspect generally provides for additional storage space however, partitioning has been installed to a small section to create an office, a kitchenette and associated staff facilities. The first floor also incorporates a loading conveyor belt, running from the ground floor to the first floor although its functionality is unknown.
The remainder of the first floor comprises residential accommodation in the form of 2 no. self-contained flats. Access to the residential aspect of the property is situated to the rear, via a shared external staircase which provides direct access to first floor level.
Each of the 2 no. flats provide for 2 no. bedroom accommodation and are configured in a similar manner.
The building occupies the entirety of the site however, to the rear of the entrance points to the 2 no. flats, there is a walkway which is shared by neighbouring occupants for access purposes and some occupiers utilise this space for leisure purposes.
Tenure: long leasehold
Title number: AV148223
Length of Lease/Term: 999 years from 24 June 1987
Ground Rent: £100 pa
Service Charge: £
Council Tax Band : A
Local Authority: Bristol
Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/
Tenancies: We have been informed that the property is let as follows (please refer to legal pack for tenancy documentation): -
240-246 Kingsway, St George, Bristol BS5 8NX
Tenant: M&M Daughters Ltd (assigned 25/11/2020 from Smiles Stores Ltd) t/as Spar
Lease start: 26/04/2012 (10 years) holding over.
Rent: £20,050 pa
Flat 1, 234 Kingsway, St George, Bristol BS5 8NS
2 bedroom, lounge, kitchen, bathroom
Tenants since 17/10/2024 (1 year AST renewed)
Tenants: Private Individuals
Rent: £1,100 pcm
Flat 2, 232 Kingsway, St George, Bristol BS5 8NS
2 bedroom, lounge, kitchen, bathroom
Tenants since 30/10/2023 (1 year AST renewed)
Tenants: Private Individuals
Rent: £950 pcm
Accommodation: Ground Floor – Commercial
1 x Main Sales Area - 205.6 m² / 2,213 ft2
1 x Managers Office
1 x Walk-In Fridge/Freezer
1 x Various Storage Rooms
1 x Loading Conveyor Area - 99.6 m² / 1,072 ft2
First Floor – Commercial - 103.9 m² 1,109 ft2
1 x Open Plan Storage Area
1 x Loading Conveyor Area
1 x WC
Partitioning to Create an Office, Kitchenette and Staff Area
Total Net Internal Floor Area 409.1 m² / 4,394 ft²
First Floor – Flat 1
2 x Bedrooms
1 x Lounge
1 x Kitchen
1 x Bathroom
First Floor – Flat 2
2 x Bedrooms
1 x Lounge
1 x Kitchen
1 x Bathroom
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure: Leasehold
Lease Details: AV148223
EPC Rating: Flats – E. Retail - C.
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
2.75% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.
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- Mixed Use
- Unconditional (Immediate Exchange)
Call the team on 01772 772450 for more information
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