The property comprises a high yielding mixed-use investment and development opportunity in a popular coastal town.

Arranged across ground and first floors, the property comprises two ground floor retail units with two flats to the first floor that are sold off on a long leasehold basis. There is further planning consent for the development of a two bedroom residential unit to the rear of the property at first floor level.

44 North Road - Let to D.P. Realty Limited (t/a Dominos) on a 20 Year lease expiring August 2036 and paying a rent of £25,000 per annum. We understand there is a tenants break option

46 North Road - Let to Foster and Co Estate Agents on a seven year lease expiring February 2030 and paying a rent of £14,500 per annum, increasing to £15,500 per annum in February 2026. A rent deposit of £3,500 is held.

The upper parts comprise two flats which have been sold off on a long leasehold basis and produce a combined aggregate ground rent of £500 per annum. We understand the lease includes a break clause in the third year of the lease with six months notice.

Lancing is an established and affluent south coast town located between Brighton and Worthing. The property is situated on the principal retail street in the town within 150m of Lancing Train Station, which provides direct access to Brighton (20 mins) and London Victoria (1h 20 mins). Local occupiers include WH Smith, Ladbrokes, and Boots.