Commercial Property in GU28 available for sale
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Commercial Property for Sale near GU28, Petworth

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Commercial Properties for Sale Within 5 miles of the GU28, Petworth

More details for Multiple Garages in West Sussex – Specialist for Sale

Multiple Garages in West Sussex

  • Specialist for Sale
  • 25,550 sq ft
  • 7 Specialist Properties

Portfolio of properties for Sale - Bosham

The sites are located in various villages and towns in West Sussex, a district located in the south of England. The furthest northern site is in Kirdford and the southern-most sites are in Selsey and Bracklesham on the coast. Each site has the benefit of its own access, with plans indicating the location of each garage site contained within our Data Room. There are 73 garages in total, with 24 currently occupied where Notice has been served to gain vacant possession on completion. For the garages currently occupied, the vendor receives £29.17 per week over a period of 48 weeks per year. There are currently no alternative planning permissions granted on the sites and interested parties are encouraged to make their own enquiries with regard to this. The schedule in the Data Room provides high-level 'without prejudice' advice in relation to each site. The vendors are looking to complete on the sales by 31st March 2025. The vendor will provide vacant possession upon completion. Interested parties are expected to offer with an overage which will capture a share of any alternative consents granted on a site. The sites are available as a whole or individually. Chichester District Council, East Pallant House, Chichester, West Sussex PO19 1TY. Buyers are expected to perform their own due diligence with regard to service capacity. We are seeking offers for a fixed sum, unrelated to any other offer for the freehold interest by way of Informal Tender. All offers should be received no later than 12 noon on Wednesday 19th February 2025. Sites are visible from public roads, but please notify any viewings with Chris Locke or Martin Curry before undertaking.

Contact:

Henry Adams

Date on Market:

13/02/2026
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LoopNet UK West Sussex Petworth Commercial Properties For Sale in GU28, Petworth, UK

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FAQs about Commercial Properties For Sale in GU28

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How many Commercial Property listings are available for sale in GU28?
There are currently 0 Commercial Properties available for sale near GU28. These GU28 Commercial Property listings have an average size of. The largest available listing in GU28 is. The thriving commercial centre and excellent transport links in GU28 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in GU28?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in GU28 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in GU28?
There is a diverse range of commercial properties available in GU28 to suit various business needs. GU28 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 GU28 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

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