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62-64 High Street, Bognor Regis, West Sussex

To rent: £37,500.00 Per Annum|1569 - 9195 Sq Ft|Office, Retail - High Street, Healthcare, Leisure Property, Restaurants/Cafes, Pubs/Bars/Clubs, Offices, Retail, Other Property Types & Opportunities, Licensed & Leisure

PROPERTY DETAILS

TO RENT£37,500.00 Per Annum
SIZE1569 - 9195 Sq Ft
ADDRESS62-64 High Street, Bognor Regis, West Sussex
TYPEOffice, Retail - High Street, Healthcare, Leisure Property, Restaurants/Cafes, Pubs/Bars/Clubs, Offices, Retail, Other Property Types & Opportunities, Licensed & Leisure
TENURETo Let
POSTED ON11th February 2021

DESCRIPTION

Description

Substantial City Centre Commercial Unit
Total GIA 854 sq m (9,195 sq ft)

Location

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 property is situated on the northern side of the High Street, close to its junction with Bedford Street. Nearby occupiers include Natwest, Iceland Foods, Morrisons and JW Sports.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

Interested parties should make their own planning enquiries and satisfy themselves in this regard.

VAT

We understand that the property is not registered for VAT.

Accommodation

The accommodation comprises a three-storey building, and is currently configured as a gym over three floors with changing rooms and WCs on the second floor.

The property has the following approximate GIA:

AreaSq MSq Ft
Ground Floor1461,569
First Floor 3543,813
Second Floor3543,813
Total GIA8549,195

Consideration would be given to letting the building in part. Further information available on request.

Business Rates / Council Tax Band

Rateable Value (2017): £43,500.

As the RV is below £12,000 we believe 100% small business rate relief is possible.

EPC

We understand the property has an EPC rating of D

Legal Fees

Each party to bear their own legal costs incurred

Terms

The property is available to let by way of a new (effectively) full repairing and insuring sublease for a term to be agreed at a commencing rent of £37,500 per annum exclusive.
( Agency Pilot Software Ref: 3788 )

LOCATION

Location: 62-64 High Street, Bognor Regis, West Sussex

Bognor Regis (0.4 miles)

Barnham (3.7 miles)

Ford (5.3 miles)

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