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Agent's details

High Street, Selsey, West Sussex, PO20 0QL

For sale: £125,000.00|551 Sq Ft|Office, Retail - High Street, Healthcare, Leisure Property, Other, Offices, Retail, Other Property Types & Opportunities, Licensed & Leisure

Property details

FOR SALE£125,000.00
SIZE551 Sq Ft
ADDRESSHigh Street, Selsey, West Sussex, PO20 0QL
TYPEOffice, Retail - High Street, Healthcare, Leisure Property, Other, Offices, Retail, Other Property Types & Opportunities, Licensed & Leisure
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON4th December 2021

Description

Description

Mixed Use Investment Opportunity
NIA 51.20 sq m (551 sq ft)

Location

Selsey is situated eight miles from the historic cathedral city of Chichester and seven miles west of Bognor Regis. The town is well connected by roads with the B2145 giving direct access to Chichester and from there the A27 provides quick access to the east and west.



Planning

Interested parties should make their own planning enquiries and satisfy themselves in this regard.



VAT

We understand that the property is elected for VAT.

Accommodation

The accommodation includes the freehold of four flats all of which have been sold on long leases, as well as a modern self-contained ground floor retail unit which benefits from a kitchenette and WC, with vacant possession.

We have measured and calculate the ground floor accommodation to have an approximate Net Internal Area (NIA) of 51.20 sq m (551 sq ft).

There is also one parking space which is allocated to the shop.


Business Rates / Council Tax Band

To be assessed.

Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).

EPC

We understand the property to have an EPC rating of B(35).

Legal Fees

Each party to bear their own legal costs incurred.


Terms

We have been instructed to market the property and quote a price of £125,000 for the freehold interest subject to contract.

Total ground rent collected for the flats is £900.00 per annum.

More information available on request.

( Agency Pilot Software Ref: 3518 )

Location

marker
Location: High Street, Selsey, West Sussex, PO20 0QL

Bognor Regis (6.5 miles)

Chichester (6.8 miles)

Fishbourne (Sussex) (7.3 miles)

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