Stride and Son says ..

Property Oracle says ..

This property presents a unique opportunity, but requires careful consideration. It’s a freehold shop currently operating as a butcher’s, located on the High Street of Selsey, a town in West Sussex. The location is advantageous due to its proximity to good schools and its high street presence. However, the property needs substantial renovation. The provided images reveal significant work is required throughout the residential areas, showing unfinished walls, exposed flooring, and general disrepair. The shop itself appears to be in better condition and currently operational. The lack of garden space is a drawback. The price of £210,000 reflects the combined value of the business and the property, but potential buyers must factor in the extensive costs of renovating the residential portion. A detailed survey and professional valuation are highly recommended before making an offer. The absence of key details such as square footage for both the shop and residential area limits a precise market analysis. Further investigation into the profitability and future prospects of the butcher’s business is crucial for any prospective buyer. Overall, this is a high-risk, high-reward investment opportunity.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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