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4 bedroom terraced house for sale
High Street, Steyning
£460,000
High Street, Steyning
£460,000
Our Summary
- Office Potential: The first and second floors provide a total of 4 office spaces, complete with a shared kitchen and WC, offering excellent potential for conversion into self-contained apartments (subject to necessary consents)
- ft)Further Details:Tenure: FreeholdRateable Value: Retail Unit - £11,750 | Offices - £5,400EPC Rating: Retail Unit - TBC | Offices - DThis property presents an incredible investment opportunity with scope for future development, income growth, and capital appreciation
- Development Potential STPP
Description
This Freehold Grade II listed period property in Steyning High Street offers a versatile investment opportunity with a self-contained ground floor retail unit and vacant office spaces above. The property benefits from a prime location in the heart of the village, surrounded by charming independent retailers, popular restaurants, and coffee shops. The ground floor retail unit is currently let on a 10-year effective FRI lease, generating a reliable income of £18,500 per annum. The first and second floors provide office spaces with a shared kitchen and WC, offering excellent potential for conversion into self-contained apartments (subject to necessary consents). The property has a total floor area of 1,707.1 sq.ft, with a Rateable Value of £11,750 for the retail unit and £5,400 for the offices. With its Freehold tenure and scope for future development, income growth, and capital appreciation, this property presents an incredible investment opportunity.