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    Sold STC

    Shop and Flat, High Street, Selsey PO20

    £235,000Freehold

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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ1,087 /mo.25 Years, 3.75% Interest
    Loan
    ÂŁ211,500
    Total Repay
    ÂŁ326,216

    Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ2,200
    0% up to ÂŁ125,000
    2% from ÂŁ125,000 to ÂŁ235,000
    Your effective stamp duty rate is 0.94%
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    229 Pagham Road,
    Nyetimber, Bognor Regis
    PO21 3QD

     

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    Sold STC

    Shop and Flat, High Street, Selsey PO20

    £235,000

    2 Bedrooms1 Bathroom1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:Not available

    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

    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 ÂŁ7,560 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 ÂŁ10,800 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: ÂŁ18,360

    • 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.

    Commercial Unit

    Shop Front 14' 4" x 14' 0" (4.38m x 4.26m)

    Treatment Room 13' 5" x 12' 11" (4.09m x 3.93m)

    Kitchenette 7' 4" x 6' 0" (2.24m x 1.82m)

    First Floor Apartment

    Kitchen 7' 0" x 5' 5" (2.14m x 1.66m)

    Lounge 13' 5" x 12' 1" (4.10m x 3.68m)

    Bedroom 14' 2" x 8' 8" (4.32m x 2.65m)

    Bedroom 7' 10" x 6' 4" (2.40m x 1.92m)

    Courtyard 48' 8" x 16' 2" (14.83m x 4.93m)

    Garden 62' 0" x 16' 1" (18.90m x 4.91m)

    Viewings not available

    Medmerry Primary School
    (0.19 miles)
    Good
    Number of pupils: 209
    Age Range: 4 - 11
    Seal Primary Academy
    (0.22 miles)
    Good
    Number of pupils: 328
    Age Range: 4 - 11
    The Academy, Selsey
    (0.28 miles)
    Good
    Number of pupils: 422
    Age Range: 11 - 16
    Sidlesham Primary School
    (2.92 miles)
    Requires improvement
    Number of pupils: 136
    Age Range: 4 - 11
    East Wittering Community Primary School
    (4.16 miles)
    Good
    Number of pupils: 281
    Age Range: 5 - 11
    Rose Green Infant School
    (4.56 miles)
    Good
    Number of pupils: 263
    Age Range: 5 - 7
    Birdham CE Primary School
    (4.66 miles)
    Good
    Number of pupils: 121
    Age Range: 4 - 11
    Rose Green Junior School
    (4.66 miles)
    Outstanding
    Number of pupils: 377
    Age Range: 7 - 11
    West Wittering Parochial Church of England School
    (5.69 miles)
    Good
    Number of pupils: 103
    Age Range: 4 - 11
    Nyewood CofE Junior School
    (5.82 miles)
    Good
    Number of pupils: 332
    Age Range: 7 - 11

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