Prominent corner retail investment in Easebourne, Midhurst with strong frontage, flexible Use Class E consent and future income potential.
Full Description
A well-positioned ground floor corner retail unit extending to approximately 904 sq ft (84 sq m), offering excellent visibility and prominent return frontage.
The accommodation is arranged as follows:
Ground Floor Retail Area: 775 sq ft (72 sq m)
Storage Room: 86 sq ft (8 sq m)
Manager’s Office / WC: 43 sq ft (4 sq m)
The property is available freehold with vacant possession, with the upper parts sold off on a 125-year lease from 23 March 2024, producing a ground rent of £50 per annum.
The ground floor benefits from Use Class E, allowing a wide range of commercial, business and service uses including retail, café/restaurant, office and financial services (subject to planning).
Alternatively, the property is available on a new lease at £16,000 per annum exclusive, with availability from March/April 2026.
Guide price: £170,000.
VAT is not payable on the rent, purchase price, building insurance or service charges. Each party to bear their own legal fees. The current rateable value (from 1 April 2026) is £12,750.
SITUATION
The property is located in Easebourne, Midhurst, occupying a prominent position fronting Easebourne Lane, close to the junction with Dodsley Lane and North Street, directly opposite the BP Petrol Station. This established and well-regarded location benefits from strong passing traffic, local footfall and nearby residential catchments. The corner position provides excellent visibility and signage potential, making it an attractive proposition for both owner-occupiers and investors.