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COMMERCIAL

Colston Street, City Centre, Bristol

Guide Price
£300,000
Maggs & Allen, Auction, Commercial & Investment
PROPERTY TYPE

Mixed Use

SIZE

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Key features

  • 27 June LIVE ONLINE AUCTION
  • Five storey Grade II listed period building
  • Ground floor retail unit with living accommodation above
  • Delightful rear garden with city views
  • 8-week completion

Description

An exciting opportunity to purchase a unique five storey Grade II listed building in a superb position on Colston Street just yards from the historic Christmas Steps. This well-presented property is currently arranged to provide a ground floor shop/office with living accommodation on the three floors above and an additional basement level. To the rear is a charming garden with views across the city centre. There is scope for a variety of different potential uses for the building (subject to consents) but would ideally suit those seeking to combine their living/working premises in this central location.

For Sale By Auction - This property is due to feature in our online auction on 27 June 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

Viewings - By appointment.

Summary - FIVE STOREY GRADE II LISTED PERIOD BUILDING

Description - An exciting opportunity to purchase a unique five storey Grade II listed building in a superb position on Colston Street just yards from the historic Christmas Steps. This well-presented property is currently arranged to provide a ground floor shop/office with living accommodation on the three floors above and an additional basement level. To the rear is a charming garden with views across the city centre. There is scope for a variety of different potential uses for the building (subject to consents) but would ideally suit those seeking to combine their living/working premises in this central location.

Location - The property is situated in a prime position on Colston Street, within close proximity to the historic Christmas Steps. Set amongst an eclectic mix of independent and specialist retailers as well as a number of food and drink outlets, the property is ideally positioned for everything that Bristol city centre has to offer.

Accommodation - The ground floor comprises a shop/office of just over 200 sq ft, a utility room, stairs to the first floor living accommodation and access to the rear garden. The first floor comprises a generous living room with stripped wooden floorboards and two sash windows to the front, a kitchen and WC. On the second floor is the master bedroom and a bathroom whilst the top floor provides a second bedroom and a study area with stunning views across the city. Accessed via an external door from the rear garden is a large cellar/basement, ideal for storage.

Please refer to floorplan for approximate room measurements and internal layout.

Outside - The property benefits from a charming mature garden to the rear with views across the city.

Notes - We understand from the vendor that the building and a number of the adjoining properties were re-built and refurbished in the early 1980s. The related documentation will be included in the auction legal pack.

Business Rates - The Rateable Value with effect from April 2023 is £5,700. We therefore would expect those eligible for small business relief to benefit from 100% exemption at this time. However, we advise all interested parties to confirm directly with the Local Authority.

Completion - Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.

Energy Performance Certificate (Epc) - Rating: D

Buyer's Premium - Please be advised that all purchasers are subject to a £1,250 plus VAT (£1,500 inc VAT) buyer’s premium payable upon exchange of contracts.

*Guide Price - Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Reserve Price - The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Proxy, Telephone & Online Remote Bidding - The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.

Preliminary Deposits - The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:

£1,000 - £150,000: £5,000
£151,000 and above: £10,000

If you bid is successful, the balance of the deposit monies and Buyer’s Premium (1,500 inc VAT) must be transferred to our client account within 24 houra of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.

Auction Or Bridging Finance Required? - Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on or email

Letting - What Can Maggs & Allen Achieve For You? - Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on or email .

Brochures

Colston Street, City Centre, Bristol

Colston Street, City Centre, Bristol

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clifton Down Station0.8 miles
  • Redland Station0.8 miles
  • Bristol Temple Meads Station0.9 miles

About the agent

Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW

Maggs & Allen, Auction, Commercial & Investment

Auction, Commercial and Investment Property Services

Maggs + Allen offer a complete property solution for both the public and professional markets.

We are:

* Chartered Surveyors

* Auctioneers

* Commercial Sales & Letting Agents

* Land & New Homes

* Licensed Estate Agents

* Residential Letting & Management Agents

Maggs & Allen can advise and help with all your Property requirements from the leasing, sale or acquisition of offices, shops, in

More properties from this agent

Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 33097175. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Maggs & Allen, Auction, Commercial & Investment. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Maggs & Allen, Auction, Commercial & Investment on 0117 463 0249.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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