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37 High St 2,126 sq ft Retail Property Steyning BN44 3YE £240,000 (£112.89/sq ft)
Investment Highlights
- This is a rare opportunity to acquire a well-appointed commercial premises, situated in a prime high street location in the heart of Steyning.
- Its prominent frontage ensures excellent visibility and footfall, making it an ideal choice for a variety of retail or service-based enterprises.
- The high street position also offers excellent transport links and accessibility for both customers and staff.
- Internally, the premises are well presented and benefit from a flexible open-plan layout, which can be adapted to suit a range of business requirement
- Located in the bustling centre of Steyning, the property is surrounded by a diverse mix of independent retailers, established businesses
Executive Summary
This is a rare opportunity to acquire a well-appointed commercial premises, situated in a prime high street location in the heart of Steyning. Currently generating a strong annual income of £18,500, this property presents an attractive investment prospect, with an annual yield close to 8 percent. The property is being sold with a reliable tenant in situ, providing immediate and stable returns for the discerning investor.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,126 sq ft
Costar Property Class
B
Year Built
1905
Price
£240,000
Price per sq ft
£112.89
Tenancy
Single
Number of Floors
3
Plot ratio
0.20
Total Plot Size
0.25 ac
Frontage
13 ft on High Street
Amenities
- Storage Space
1 1
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37 High St
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