Commercial Property in PO20 available for sale
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Commercial Properties for Sale in PO20, Chichester

Find commerical property for sale in PO20 that meets your business or investment goals

More details for 118 High St, Selsey - Retail for Sale

118 High St

Selsey, PO20 0QG

  • Retail for Sale
  • £975,000
  • 1,596 sq ft
  • Energy Performance: B
  • Security System
  • Restaurant
  • Smoke Detector

Selsey Retail for Sale

Selsey is a seaside town situated approximately 8 miles to the south of Chichester and 7 miles to the west of Bognor Regis. The town is well connected by road with the B2145 giving direct access to Chichester and the A27 (east/westbound routes). A Google Street View of the High Street can be viewed through Google Maps by typing in the property’s postcode PO20 0QG. A prominent three-storey building comprising an arcade of 5 shops, plus a large café over the ground floor, 6 self-contained flats over ground, first and second floors, and an adjoining 1-bedroom and 2-bedroom cottage to the rear. Externally, there is a well-maintained, good-sized rear garden, which is currently let to the café for outside seating. The total combined commercial rents produce an annual income of £30,420. Unit F, which currently serves as an office, is occupied by our client. In our considered view, we believe Unit F would let at a rental figure of £3,750 per annum exclusive. Areas calculated by the Valuation Office Agency. The total combined residential rents produce an annual income of £71,100. The flats, with the exception of flat 3, were refurbished in 2022. A photograph library, which was produced following the refurbishment, can be made available via email on request. The two cottages known as 1 & 2 The Yard were constructed in 2013. Total rental income - £101,520 per annum exclusive. A breakdown of the property’s passing rents can be made available confidentially to interested buyers, subject to meeting satisfactory ID checks. Tenure Freehold interest, subject to the above tenancies and vacant possession of Unit F, Penny Lane Arcade. Purchase Price £975,000 VAT We have been advised that the property has not been elected for VAT and therefore, VAT will not be payable on the purchase price. Energy Performance Ratings The property has a range of ratings from Band B to Band E, all are valid and all meet the “Minimum Energy Efficiency Standards” under the current regulations. The arcade falls under a single assessment (Band B). A certificate for the commercial accommodation and each flat can be made available via email on request or alternatively, these can be downloaded online by following this link. Anti-Money Laundering In accordance with Anti-Money Laundering requirements, upon an agreement of Heads of Terms, a mandatory Purchaser, Know Your Customer (KYC) documentation request will be made. Viewing Arrangements Strictly by appointment through SOLE SELLING AGENTS: Henry Adams Commercial www.henryadams.co.uk/commercial A walk-through video tour of the arcade and flat 6 can be made available via WhatsApp on request to the following mobile number 07868 434 449. Contact Andrew Algar - Head of Commercial Property 01403 282 519 07868 434 449 andrew.algar@he

Contact:

Henry Adams HRR Commercial Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

13/04/2026

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More details for Bognor Rd, Merston - Land for Sale

Plot F, Cathedral Business Park - Bognor Rd

Merston, PO20 1EJ

  • Land for Sale
  • Price Upon Request
  • 0.72 ac Plot
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More details for Church Farm Ln, East Wittering - Industrial for Sale

Units L1 & L2 - Church Farm Ln

East Wittering, PO20 8RL

  • Industrial for Sale
  • £440,000
  • 3,715 sq ft
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More details for Bell Ln, Birdham - Industrial for Sale

Tawny Nursery - Bell Ln

Birdham, PO20 7HY

  • Industrial for Sale
  • Price Upon Request
  • 29,133 sq ft
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FAQs About Commercial Property For Sale in PO20

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How many commercial properties are currently available for sale in PO20?
There are currently 7 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in PO20?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the PO20, Chichester

You searched for commercial property for sale in PO20. Explore 7 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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