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53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 1
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 2
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 3
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 4
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 5
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 6
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 7
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 8
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 9
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 10
53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA - Image 11

53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA

South East

£925,000
Listed on 04/03/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This mixed-use, three-storey detached commercial building presents a significant investment opportunity in the desirable Lancing Business Park. Ideally located close to major transport links, including the A27 and A259 coastal road, this property benefits from dual entrances and proximity to Lancing train station, enhancing its accessibility. The ground floor features an open-plan warehouse area accessible through an electric roller shutter door, making it suitable for various commercial applications. The upper floors comprise a spacious first-floor office layout with two meeting rooms and five private offices, complemented by kitchen and restroom facilities. On the second floor, flexible open-plan space includes a shower room, offering potential for modernisation or reconfiguration to fit specific business needs. Additional amenities include gas-fired central heating and an entry phone system, ensuring comfort and security for occupancy. The exterior provides ample parking with 21 designated spaces and an option for an additional yard with separate access. With vacant possession available upon acquisition, this property is primed for immediate occupation or transformative renovations. Its versatile layout allows for reimagining as offices, light industrial space, or creative studios (subject to necessary planning permissions). An excellent opportunity awaits those looking to invest in a property ripe for enhancement in a thriving business environment.

Investment Analysis

(BN15 area)
Area Average
£397/sq ft
Avg Rent (weekly)
£305
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (BN15)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -2.7%
5 year growth: +19.3%
Investment Disclaimer: Analysis based on BN15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

53 Spencer Road, Lancing Business Park, Lancing, West Sussex, BN15 8UA
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,336
Based on a loan of £693,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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