No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Exterior
Aerial
Aerial
£170,000
Added > 14 days

Retail property (high street) for sale

147-149 South Street, Lancing
Auction
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Retail property (high street)
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • Auction Date 27th November 2024
  • Freehold Of Building
  • Lease Extension Premium Potential
  • Commercial Premises & One Bedroom Apartment In Building
  • Fantastic Investment Opportunity
  • Desirable Seafront Location
* Pre Auction Offers Welcome *

This freehold property represents a rare opportunity to acquire a versatile investment in one of Lancing’s most sought-after locations. The ground-floor commercial unit is currently let, providing immediate rental income, while the apartment above offers further potential through a future lease extension.

The property’s fantastic seafront location ensures high visibility and strong demand from both commercial and residential tenants. Whether you’re looking for a steady income stream, long-term capital growth, or both, this property offers a compelling opportunity to invest in a thriving coastal town.

Don’t miss out on this exceptional opportunity to secure a valuable asset in a prime seafront location – perfect for savvy investors looking to capitalise on the potential of Lancing’s growing market.

Property information from this agent

Places of interest

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    *DISCLAIMER

    Property reference 33305356. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Lextons - Auctions.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on February 10, 2023

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on February 10, 2023

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.