Book a Viewing
To book a viewing for this property, please call Whitlocks Estate Agents - Bognor Regis & Pagham, on 01243 262747.
To book a viewing for this property, please call Whitlocks Estate Agents - Bognor Regis & Pagham, on 01243 262747.
Commercial Property, Shop and Flat, High Street, Selsey PO20
Shop and Flat, High Street, Selsey PO20
Whitlocks Estate Agents - Bognor Regis & Pagham
Whitlocks Estate Agents, 229 Pagham Road
Description
Outstanding Freehold Investment Opportunity in the Heart of Selsey High Street
Presenting an exceptional chance to acquire a mixed-use freehold property in a prime high street location in Selsey. This well-positioned investment features a ground-floor retail unit and a spacious two-bedroom maisonette above, offering strong rental returns and excellent development potential.
Property Overview:
Ground Floor – Retail Unit:
Currently operating as a thriving tattoo studio, this retail space features a welcoming front reception area, a private treatment room, a rear kitchenette, and a WC. The commercial tenant provides a steady income of £7,560 per annum.First Floor – Two-Bedroom Maisonette:
A well-proportioned and light-filled apartment offering a large lounge, kitchen, two comfortable bedrooms, and a bathroom. The residential tenant contributes an additional £10,800 per annum.Outdoor Space:
To the rear of the property lies a generous courtyard that leads to a spacious garden of approximately 1,000 sqft, offering exciting scope for future development or value enhancement (subject to necessary permissions).
Investment Highlights:
Total Annual Income: £18,360
Attractive Rental Yield: Approximately 7.81%
Desirable High Street Location with strong footfall
Mixed-Use Freehold with both residential and commercial elements
Future Development Potential in rear garden space
This is a rare and versatile investment opportunity with consistent income and strong growth prospects in one of Selsey's most sought-after commercial locations.
Key Features
- Fantastic Commercial Investment
- Ground Floor Retail Unit
- First Floor Two Bedroom Maisonette
- Both Properties Let with Tenants in Situ
- Freehold
- Scope for Future Development
Property Details
- Property type: Commercial Property
- Price Per Sq Foot: £9
- Approx Sq Feet: 24,994 sqft
- Plot Sq Feet: 2,960 sqft
- Council Tax Band: TBD
Rooms
Commercial Unit
Shop Front
4.38m x 4.26m
Treatment Room
4.09m x 3.93m
Kitchenette
2.24m x 1.82m
First Floor Apartment
Kitchen
2.14m x 1.66m
Lounge
4.10m x 3.68m
Bedroom
4.32m x 2.65m
Bedroom
2.40m x 1.92m
Courtyard
14.83m x 4.93m
Garden
18.90m x 4.91m
Floorplans
Location
Located 8 miles to the south of Chichester, Selsey whilst now a Town due to its increasing size, is still very much a traditional Seaside Village offering a combination of Sea and Countryside. The main High Street offers a variety of excellent Shops, Pubs and Restaurants as well as a shingled Beach with views out into the Channel. Selsey offers beautiful Walks, a coastal Cycle Path, a wetland Wildlife Area in Medmerry, whilst also having the natural attractions of Bracklesham Bay, the Witterings Beach, Pagham Nature Reserve and Chichester Harbour right on the doorstep. In addition, there is also local Schools, Holiday Resorts, Golf Courses, and a fantastic Bus Service running every 15 minutes to and from the Cathedral City of Chichester.
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