Station Parade South St 3,114 SF 100% Leased Retail Building Lancing BN15 8AA £525,000 (£168.59/SF)
INVESTMENT HIGHLIGHTS
- Prominent location
- Close to local amenities
- Superb Transport Links to A259 & A27 Roads
- Close proximity to Lancing Mainline Railway Station
EXECUTIVE SUMMARY
A rare opportunity to acquire the unbroken freehold of a substantial commercial and residential building situated in the heart of Lancing village. The opportunity comprises of 3x ground floor retail premises with 2x self contained two bedroom flats above. There is potential, subject to gaining the necessary planning consents to convert further space above the middle shop into a residential apartment whilst it is felt there is further planning potential to build into the air space above.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
3,114 SF
Building Class
B
Year Built
1900
Price
£525,000
Price Per SF
£168.59
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
1.00
Lot Size
0.07 AC
Frontage
52 ft on Station Parade
AMENITIES
- Bus Route
- Commuter Rail
- EPC - D
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NEARBY MAJOR RETAILERS
