Retail in East Wittering available for sale
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Retail Properties for Sale near East Wittering, UK

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Retail Properties for Sale Within 5 miles of the East Wittering, UK

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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LoopNet UK West Sussex Retail Properties For Sale in East Wittering, UK

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FAQs About Retail Property For Sale in East Wittering

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How many retail properties are currently available for sale in East Wittering?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in East Wittering?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the East Wittering, UK

With 0 retail units currently available for sale in East Wittering, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in East Wittering, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in East Wittering, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in East Wittering can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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