Description

The property is located just off the town centre of Bognor Regis, close to the main shopping thoroughfare. The property is also within walking distance of the mainline railway station and the beach.

Retail Unit
The retail unit is currently let to Hayley’s New Look on a 12 year full repairing and insuring lease from 18th May 2007. The passing rent is currently £8,500 per annum.

2 Bedroom Flat
First Floor flat let under the terms of an assured shorthold tenancy for a period of 6 months from 9th May 2014, at a passing rent of £500 per calendar month (£6,000 per annum). It is currently holding over on a periodic tenancy. The flat also benefits from its own private street entrance.

Front retail area

Retail Kitchen

Retail Utility area

x2 WCS

FFF Kitchen

FFF Lounge

FFF Bathroom

bath with shower over, wash basin, toilet

FFF bedroom 1

FFF bedroom 2

TENURE

Freehold subject to existing tenancies

EPC Rating

G

Solicitors

Miller Parris, 3-9 Cricketers Parade, Broadwater, Worthing, BN14 8JB
Tel: 01903 205771 Contact: Martin Troy

  • For Sale by Auction on 11th July 2018
  • For Further Details Please Call 01273 274014
  • Guide Price: £190,000-£200,000
  • Freehold Mixed Investment
  • Ground Floor Retail Unit with A1 Use and 2 Bedroom First Floor Self Contained Flat
  • Gross annual income of £14,500 per annum
  • Town centre location