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168 London Rd 799 sq ft Retail Property Bognor Regis PO21 1BD £150,000 (£187.73/sq ft)
Investment Highlights
- Let on a 10 year FR&I lease from October 2025.
- 6 week completion.
- A freehold ground floor lock up shop & advertising hoarding investment.
- The property occupies a prominent corner position.
- An Approx. 799 sq ft (74.2 sqm).
- Investment let at £16,000 p.a. (10.67% GIY on guide price).
- Advertising hoarding let on 10 year licence from October 2025.
- No VAT on the sale price.
Executive Summary
Lot 230 is available by way of Savills Online Auction 22nd April 2026
A freehold corner property comprising a ground floor lock up shop and advertising hoarding. The retail unit is currently let to private individuals trading as a Grocers. Nearby occupiers include Morrisons, Iceland, Pizza hut and Subway, as well as wide range of boutique and independent retailers.
A freehold corner property comprising a ground floor lock up shop and advertising hoarding. The retail unit is currently let to private individuals trading as a Grocers. Nearby occupiers include Morrisons, Iceland, Pizza hut and Subway, as well as wide range of boutique and independent retailers.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Shopfront
Property Size
799 sq ft
Costar Property Class
C
Year Built
1960
Price
£150,000
Price per sq ft
£187.73
Tenancy
Single
Number of Floors
1
Plot ratio
0.80
Total Plot Size
0.02 ac
Frontage
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Mayfield Kitchens Ltd
- -
- -
- -
- -
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Mayfield Kitchens Ltd | - | - | - | - |
1 1
Nearby Major Retailers
1 of 5
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168 London Rd
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