Description

  • Substantial Town Centre Commercial Investment Fully Let Producing £62,300 Per Annum
  • 3 x Ground Floor Retail Units with Offices Above & Car Park to Rear
  • Prominent Commercial Trading Location Close to Multiples

Solicitors

Wannops LLP, 54 High Street, Bognor Regis, PO21 1SP Tel: 01243 864001 FAO: Ken Poupart

Accommodation

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TENANCY SCHEDULE
19a High Street – Your Move 01/05/2007 – 10 Years £26,000 FRI
2 York Road – World of Inks 17/08/2012 – 5 Years £5,000 FRI
4 York Road – Stagecoach 25/12/2007 – 10 years £6,300 FRI
York Road Chambers – Wannops 19/08/2013 – 10 years £25,000 FRI, rent review 01/05/2018, Tenant Only Break Clause 01/05/2017
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ACCOMMODATION
19A HIGH STREET (Ground Floor): Area: 122.14 sq m

2 YORK ROAD (Ground Floor): Area: 53.84 sq m
4 YORK ROAD (Ground Floor): Area: 38.23 sq m
YORK ROAD CHAMBERS
(6 York Road and First and Second Floors of 2 & 4 York Road)

GROUND FLOOR – 6 York Road: Area: 92.83 sq m
FIRST FLOOR – 2 & 4 York Road: Area: 243.45 sq m
SECOND FLOOR – 2 & 4 York Road: Area: 232.57 sq m
TOTAL SITE AREA: 783.06 sq m
OUTSIDE: Car Park located to the rear accessed from Belmont Street and not demised within any of the leases.

Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.