31b London Road Bognor Regis West Sussex PO21 1PQ
Prime Town Centre Retail
To Let or For Sale
3,735 sqft [ 347 sqm]
Commercial Property Consultants
4 Northgate I Chichester I West Sussex I PO19 1BA 01243 520949 I www.medhursts.com
Regulated by
Location
Bognor Regis is a seaside resort town in West Sussex on the south coast of England, 56 miles south of London, 24 miles west of Brighton, 6 miles south-east of Chichester and 16 miles east of Portsmouth. Other nearby towns include Littlehampton to the east and Selsey to the south- west. The nearby villages of Felpham, and Aldwick are now suburbs of Bognor Regis, along with those of North and South Bersted. The population of the Bognor Regis built-up area, including Felpham and Aldwick, was 63,855 at the 2011 census.
Description
The property comprises a two-storey mid terrace shop and upper parts. It occupies a prime position in the middle of the pedestrianised section of London Road. Situated in between Costa and Halifax, nearby traders include Wilko, New Look, Sports Direct, Boots, Specsavers, Savers, Superdrug and Peacocks.
The Morrison’s and Bedford Street car parks are located close by
The ground floor retail area is clear and uninterrupted. A staircase to the first floor separates a ground floor storeroom which has loading from the rear street. The first floor provides good open storage space, staff rooms, toilets, and offices.
Accommodation
Internal width 7.0m 22’10” Shop depth 21.7m 71’2” Built Depth 33.5m 110’1” Retail area 147.5m2 1,588 ft2 Rear stores 63.8m2 687ft2 First Floor 135.7m2 1,460 ft2 Total 347.0m2 3,735ft2 Amenities
• Prime town centre location • Flexible space • To be fully refurbished • New lease or Freehold
Terms
The premises are available, subject to possession, by way of a new lease for a term to be agreed. Alternatively, the freehold is available. The current occupier is Shoe Zone Retail Ltd who are in negotiations for a new lease.
Rent
£55,000 per annum. VAT is not applicable.
Price
£550,000.
Agents notice- We endeavour to make our particulars as accurate and reliable as possible. They are a general outline for guidance only for intending purchasers or lessees and do not constitute in whole or in part an offer or a contract. No statement in these particulars should be relied upon as a statement or representation of fact. Neither Medhursts Commercial Surveyors Ltd nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property. No undertaking is given that the property is in good condition or repair or otherwise nor that any services or facilities are in good working order. Photographs may show only certain parts and aspects of the property at the time when the photographs were taken. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated all prices and rents are quoted exclusive of VAT if applicable. Any areas, measurements or distances are only approximate. Any reference to alterations or use is not intended to be a statement that any necessary planning, building regulation, listed building or any other consent has been obtained.
Anti-Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant.
EPC
An EPC is available on request.
Business Rates
The current rating assessment is as follows:
Rateable value: £41,250
Interested parties are recommended to make their own enquiries about business rates relief at Arun District Council tel: 01243 737752 or on line at https://www.arun.gov.uk/retail .
Viewing
Strictly by appointment with the sole agents Medhursts Commercial Surveyors on 01243 520949.
Agents notice- We endeavour to make our particulars as accurate and reliable as possible. They are a general outline for guidance only for intending purchasers or lessees and do not constitute in whole or in part an offer or a contract. No statement in these particulars should be relied upon as a statement or representation of fact. Neither Medhursts Chartered Surveyors nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property. No undertaking is given that the property is in good condition or repair or otherwise nor that any services or facilities are in good working order. Photographs may show only certain parts and aspects of the property at the time when the photographs were taken. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated all prices and rents are quoted exclusive of VAT if applicable. Any areas, measurements or distances are only approximate. Any reference to alterations or use is not intended to be a statement that any necessary planning, building regulation, listed building or any other consent has been obtained.
June 2021 Agents notice- We endeavour to make our particulars as accurate and reliable as possible. They are a general outline for guidance only for intending purchasers or lessees and do not constitute in whole or in part an offer or a contract. No statement in these particulars should be relied upon as a statement or representation of fact. Neither Medhursts Commercial Surveyors Ltd nor anyone in its employment or acting on its behalf has authority to make any representation or warranty in relation to this property. No undertaking is given that the property is in good condition or repair or otherwise nor that any services or facilities are in good working order. Photographs may show only certain parts and aspects of the property at the time when the photographs were taken. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated all prices and rents are quoted exclusive of VAT if applicable. Any areas, measurements or distances are only approximate. Any reference to alterations or use is not intended to be a statement that any necessary planning, building regulation, listed building or any other consent has been obtained.