COMMERCIAL

South Street, Lancing

Guide Price

£150,000

PROPERTY TYPE: Commercial Property
SIZE: Ask agent

Key features

For Sale By Auction on 24th June 2025
High Yielding Freehold Commercial Investment
Let at £13,800 Per Annum with 19 Years of a 20 Year Lease Remaining
Prominent Corner Main Road Location
Local Covenant Trading as Convenience Store
Ideal Income Producing Investment
Next Rent Review August 2025
Highly Recommended

Description

FOR SALE BY AUCTION on 24th June 2025

Auction Guide £150,000+

High yielding freehold investment let to local covenant trading as convenience store with approximately 19 years of a 20 year lease to run with the next rent review date being during August 2025 at a passing rent of £13,800 per annum.

Situated within this extremely prominent position on the corner of South Street and Brighton Road Lancing immediately opposite the seafront with its many and varying facilities. Shops, Bars and Restaurants compliment as does Lancing Railway Station and Bus services.

All drawings and measurements are approximate and are not to be relied upon.

Please note fees are payable in respect of the sale of this property, please refer to legal pack for details.

Brochures

South Street, Lancing

Open map Street View

NEAREST STATIONS

Lancing Station0.4 miles
East Worthing Station1.3 miles
Worthing Station2.3 miles

About Parsons Son & Basley, Brighton

32 Queens Road, Brighton, BN1 3YE

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PS&B have been providing professional property services since 1825 and is one of the oldest independent firms of Chartered Surveyors, Valuers and Estate Agents in the UK. We are responsible for the letting and management of thousands of properties throughout the UK and are well established in Brighton & Hove, Bognor Regis and Portsmouth.

With nearly 200 years of experience in selling and letting property, PS&B is steeped in a wealth of history and offers an unrivalled experience. Our dedicated team have many years of experience and are prepared to invest both their time and effort in order to provide the best possible personal service to both Landlords and Tenants.

As members of Propertymark (and their Client Money Protection Scheme), TPOS (The Property Ombudsman Scheme), ARMA (Association of Residential Managing Agents) and RICS (Royal Institution of Chartered Surveyors) you can be confident that we are regulated, and you are dealing with a trusted, professional agent.

Notes

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Disclaimer - Property reference 33893542. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Parsons Son & Basley, Brighton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Parsons Son & Basley, Brighton on 01273 109882.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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South Street, Lancing

Key features

Description