The property comprises of a substantial ground and first floor commercial building of standard brick construction under a flat roof which has been replaced in the last 10 years.
The property provides ground floor retail / office accommodation with first floor storage or further work space which could, subject to gaining any required consents, be converted back into a residential dwelling. The ground floor played host to a very successful IT and photocopier company for many years and provides largely open plan accommodation with 2x WCs located at the rear. The ground floor benefits from carpeted flooring, strip lighting, ample electrical and data sockets and 17ft double glazed window frontage. Internal stairs lead to a large open plan space which has been completely stripped out ready for the fit out of a new owner.
Externally the property comes with two self-contained garages at the rear of the property provided further storage for this deceptive and versatile commercial property.
Location
The property is situated on South Street in the popular village of Lancing. South Street is a mixed residential and commercial road which links the seafront with the village centre. Access with neighbouring towns is via the A27 trunk road, which is located 0.2 miles from the subject property. Other occupiers within the immediate vicinity include One Stop, The Salvation Army and Budgens. The village of Lancing which is reported to be one of the largest in the United Kingdom is located on the south coast, sandwiched between the popular seaside town of Worthing (4 miles west) and the city of Brighton & Hove (11 miles east). The Perch restaurant and the popular Greensward is located approximately 0.2 miles south of the property.
Accommodation
The property has the following approximate floor areas:
Ground Floor
Main Retail Area - 625 sq ft
Rear Office - 124 sq ft
First Floor
Main Workroom - 664 sq ft
Front Office - 233 sq ft
External
Garage One - 44 sq ft
Garage Two - 44 sq ft
TOTAL AREA - 1,734 sq ft
Terms
Terms - The property is available freehold with full vacant possession upon completion
Guide Price & VAT - Offers in Excess of £275,000 (Two Hundred & Seventy Five Thousand Pounds)
VAT is not to be charged on the quoting terms
Business Rates - According to the VOA (Valuation Office Agency) the property has a rateable value of £9,300. It is therefore felt that subject to status, that an owner occupier or Tenant would be eligible for small business rates relief. Interested parties are asked to verify this with the local authority.
Legal Costs - Each party to pay their own legal costs
EPC - C(69)
Anti-Money Laundering - In accordance with anti-money laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.
Specification
- Situated in Popular Village of Lancing, West Sussex
- Nearby Occupiers Include Budgens, Asda, Lancing Railway Station & Host of Intendent Retailers, Take Away & Offices
- Suit Owner Occupier or Investor
- Potential To Convert First Floor to Residential (stpc)
- Two Private Garages To Rear & Front Forecourt Area
- Viewing Highly Recommended