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4 bed Not Specified property

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For Sale

Listed Aug 2, 2025

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£460,000

Available

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Description

"Freehold Mixed Commercial Investment with Exciting Potential!

ERV £47,300

Introducing a fantastic opportunity to acquire a Freehold Grade II listed period property situated in the heart of Steyning High Street. This attractive mid terrace 4 storey building offers a versatile investment with a self contained ground floor retail unit and vacant office spaces over the first and second floors.

Property Highlights

Prime Location Nestled in the vibrant and historic village of Steyning, surrounded by charming independent retailers, popular restaurants, and coffee shops. The location is further enhanced by larger commercial establishments such as The Co Op, ensuring a steady flow of foot traffic.

Existing Rental Income The ground floor retail unit is currently let on a 10 year effective FRI lease, which was renewed in January generating a reliable income of £18,500 per annum exclusive .

Office Potential The first and second floors provide a total of 4 office spaces, complete with a shared kitchen and WC, offering excellent potential for conversion into self contained apartments subject to necessary consents .

Projected Rent Per Office Space.

First floor front office £600pcm
First Floor Rear office £550pcm
Top floor front office £650pcm
Top Floor rear office £600pcm

Accommodation Details

Retail Unit Net Internal Area 87.2 sq.m 938.6 sq.ft

Offices Net Internal Area 71.4 sq.m 768.5 sq.ft

Total Floor Area 158.6 sq.m 1,707.1 sq.ft

Further Details

Tenure Freehold

Rateable Value Retail Unit £11,750 Offices £5,400

EPC Rating Retail Unit TBC Offices D

This property presents an incredible investment opportunity with scope for future development, income growth, and capital appreciation.

Tenure Freehold"