Summary - 41 Shop and Flat, High Street, Selsey P020 PO20 0QL
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime mixed-use freehold investment in central Selsey
- Ground floor retail unit with long-standing commercial tenant, generating £7,440 per annum
- One-bedroom first-floor flat, currently let for £8,640 per annum
- Additional income from neighbouring commercial unit ground rent (£200/year)
- Total current income: £16,080 per annum, with rental upside potential
- Moments from the beach and town centre amenities
- Prime location with good foot traffic and strong growth potential
**Summary:**
Discover a rare investment opportunity in the heart of Selsey with this well-positioned mixed-use freehold property. Spanning a large 2,960 square feet, this versatile asset includes a ground-floor retail unit and a one-bedroom flat, both currently tenanted. The retail space offers high visibility and a steady income of £620 per month, while the flat complements this with £720 monthly, totaling an impressive £16,080 per annum. Nestled in a thriving coastal community just steps from the beach, this property not only provides immediate revenue but also promises significant long-term growth potential.
The property is part of an affluent area, ideal for families and individuals due to its excellent local schools rated 'Good' by Ofsted. The neighborhood boasts a wealth of walkable amenities, making it attractive for both commercial and residential tenants. While there is little to no upkeep needed, the solid structure and historic charm of the Georgian-style shopfront present the perfect canvas for a savvy investor or first-time buyer looking for a piece of Selsey’s vibrant market. Don't miss this unique chance to secure a profitable property in a desirable location—opportunities like this won’t last long!
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