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Felpham Rd 1,392 sq ft Retail Unit Offered at £215,000 in Bognor Regis PO22 7AR
INVESTMENT HIGHLIGHTS
- Situated one mile to the east of Bognor Regis town centre near to Butlins and the sea
- Grassed area to the south of the main property comprising over 5,000 sqft offering additional green space or development potential (STP)
- Ground Floor vacant former Takeaway Premises totalling 658 sqft
EXECUTIVE SUMMARY
Bognor Regis is an affluent and popular resort town in West Sussex ideally located on the south coast approximately 55 miles south west of London 24 miles west of Brighton and six miles south east of Chichester. The town benefits from excellent transport links with easy access to the A259 which links Bognor Regis to the A27 (seven miles north of the town) and therefore the wider national road network. Bognor Regis Railway Station offers direct and regular services to London Victoria with a fastest time of 1 hour and 40 minutes. The station provides regular services to Brighton with a journey time of approximately 45 minutes and Chichester is accessed within 15 minutes both requiring one change. The subject property is situated about one mile to the east of Bognor Regis town centre, on the western side of Felpham Road in Felpham. It forms part of a small neighbourhood shopping parade, with other commercial and residential uses being prominent in the vicinity.
PROPERTY FACTS
| Total Property Size | 4,328 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 2,459 sq ft |
| Property Subtype | Local Shop | Year Built | 1910 |
| Costar Property Class | B | Total Plot Size | 0.08 ac |
| Total Property Size | 4,328 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Local Shop |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 2,459 sq ft |
| Year Built | 1910 |
| Total Plot Size | 0.08 ac |
1 UNIT AVAILABLE
Unit 3
| Unit Size | 1,392 sq ft | Unit Use | Retail |
| Price | £215,000 | Sale Type | Investment or Owner Occupier |
| Price Per sq ft | £154.45 | Tenure | Freehold |
| Unit Size | 1,392 sq ft |
| Price | £215,000 |
| Price Per sq ft | £154.45 |
| Unit Use | Retail |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold |
DESCRIPTION
The subject property comprises a detached building, traditionally constructed over two storeys, plus attic. Elevations are in painted brick, incorporating windows that are a mixture of timber and UPV construction.
Internally, the building is presently configured as a vacant former takeaway premises on the ground floor which is arranged as a counter and waiting area to the front, with a kitchen, prep rooms and WC's to the rear.
A two-bedroom maisonette forms the remainder of the ground floor, plus the first and second floors. It has its own dedicated entrance from the side (south) elevation, and benefits from gas central heating and mains electric and water supply. Externally, there is a good sized garden to the rear of the property.
To the south is a greenfield parcel of land, of an irregular shape and uneven ground conditions. The boundaries are fenced, and the ground is predominantly grass.
SALE NOTES
We have been instructed to market the property with the benefit of vacant possession and quote a price of £215,000 for the freehold interest
NEARBY MAJOR RETAILERS
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Felpham Rd
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