Sea Lane, Rustington

Investment Opportunity | Freehold For Sale | Mixed Commercial & Residential Potential | Large Ground Floor Unit | 1st & 2nd Floor Maisonette (STPC) | Rear Courtyard Garden | Garage / Store and Parking | Between Village & Seafront

A rare opportunity to acquire a commercial freehold investment with the potential for a large self-contained maisonette above. (Subject to planning, which our client is applying for).

55-57 Sea Lane is a three storey commercial unit, for many years the unit has been used as office space however there is scope for a variety of different uses, subject to planning consent.

On ground floor there is large open plan office measuring over 28’ in length by 16’ in width. To the rear is a meeting room and a WC. There is extensive first and second floor accommodation, previously a self-contained maisonette, the vendor is reapplying for planning consent to reinstate residential use. With its own private entrance to the rear, the apartment may comprise spacious sitting room, kitchen/diner, 2 double bedrooms and bathroom/WC.

Externally there is a private courtyard garden and large brick built store or potential garage with parking adjacent.

The property extends to over 1400 sq. ft and is offered for sale with full vacant possession.
Location
The premises are located in a small parade of shops in Sea Lane, a prominent and busy road which runs between the bustling Rustington Village centre and the sea front. There is a high demand for commercial premises in the village, and consequently it is rare to find an empty retail or commercial unit.

Rustington is located on the West Sussex Coastline, approximately mid-distance between the cities of Brighton and Chichester. The village enjoys a wide range of both national and independent retailers including, Waitrose, Iceland etc, along with a wide range of eateries, coffee shops and amenities.

Rustington enjoys a vibrant atmosphere with a growing population, it is expected that a strong demand will continue for properties of all types within the area.
Current Ratable Value
Ground Floor – 55-57 Sea Lane - £5,700
First Floor – 55-57 Sea Lane - £2,425
Second Floor Rear – 55-57 Sea Lane - £2,200
Second Floor Rear – 55-57 Sea Lane - £1,975