A substantial retail premises measuring approximately 2,645 ft², situated in a prime trading position in the heart of Weston-super-Mare. Previously trading as 'Weston Indoor Market' and occupied by a variety of independent retailers producing circa £30,000 per annum, the property is now offered for sale with vacant possession.
The property offers potential for a variety of different uses and may offer scope for redevelopment, subject to obtaining the necessary planning consents.
A superb opportunity for investors to create a high-yielding commercial asset, for developers seeking a property with a potential planning gain or for owner occupiers looking for their own business premises.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 23 July 2026 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
SUBSTANTIAL COMMERCIAL PREMISES IN THE HEART OF WESTON-SUPER-MARE
DESCRIPTION -
A prominent and substantial retail premises extending to approximately 2,645 ft², occupying a prime town-centre position in the heart of Weston-super-Mare. Formerly operating as the well-known Weston Indoor Market, the property has historically been occupied by a wide range of independent retailers and is now available with vacant possession.
The property presents a rare opportunity for a variety of commercial, leisure, retail or alternative uses, with potential for redevelopment, subject to the necessary planning consents.
An exceptional opportunity for investors seeking to create a strong income-producing asset, developers looking to unlock future value through redevelopment, or owner-occupiers looking for a landmark business premises in a highly accessible and established trading location.
LOCATION -
The property occupies a prominent position on High Street, one of the principal commercial thoroughfares within Weston-super-Mare town centre. The location benefits from strong pedestrian footfall and is surrounded by a mix of national retailers, independent businesses, cafés, restaurants and leisure operators.
Weston-super-Mare is a popular and well-established North Somerset coastal town with a resident population of approximately 85,000, serving a wider catchment area extending across Somerset and the surrounding region. The town benefits from excellent transport links, with direct rail services to Bristol, Exeter and London, together with convenient access to Junction 21 of the M5 motorway approximately 4 miles to the east.
The property is situated within easy walking distance of the seafront, Sovereign Shopping Centre, public car parks and Weston-super-Mare railway station, making it an accessible and highly desirable commercial location.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
SITE PLAN & AERIAL IMAGES -
The site plan and aerial images are provided for indicative purposes only, please refer to the title plan within the legal pack for confirmation of the site boundaries.
TENURE -
Please refer to the Auction Legal Pack for confirmation.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: C
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 0117 9499000 or email lettings@maggsandallen.co.uk.
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 0117 9734940 or email admin@maggsandallen.co.uk
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,800 plus VAT (£2,160 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 is £5,000.
If your bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 plus VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.
RENTAL ESTIMATES -
All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
