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240-246, Flat 1, 234 and Flat 2, 232, Kingsway, St. George, Bristol BS5 8NS

Guide Price
£375,000

Business rates & charges may apply

Auction House North West, Commercial
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SECTOR

Mixed use property for sale

Key features

  • Tenanted Mixed Use Property
  • Currently Producing £44,550 Pa
  • Retail C-Store Unit
  • With Two x Two Bed Flats

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.

Administration Fee: 2.75% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

240-246, Flat 1, 234 and Flat 2, 232, Kingsway, St. George, Bristol BS5 8NS

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lawrence Hill Station1.7 miles
  • Stapleton Road Station2.0 miles
  • Bristol Temple Meads Station2.4 miles

About Auction House North West, Commercial

14 St Mary's Parsonage, Manchester, M3 2DF

At Auction House North West we sell from a diverse catalogue, offering specialist advice both in the residential and commercial sectors. We provide unrivalled coverage of the North West region with active offices in both Manchester City Centre and Preston.

The creation of 'Auction House North West' is testament to the direct demands of North West Investors, who are constantly seeking speedy and transparent options to both purchase stock and dispose of their existing property portfolios, by marketing to the right clientele with the minimum of fuss. All under the guidance of specialist property auction experts.

Auction House North West combines commercial and residential lots from Greater Manchester, Merseyside, and Lancashire into one substantial catalogue and vibrant auction, serving the whole of the North West.

Notes

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Disclaimer - Property reference 202609151419sq_cao5. 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 Auction House North West, Commercial. 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 Auction House North West, Commercial on 0161 524 6307.

*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.”