ADDRESS1A The Parade, Pagham, Bognor Regis, West Sussex, PO21
TYPEOffice, Retail - High Street, Offices, Retail
TENUREUnder Offer, For Sale Freehold
POSTED ON30th May 2022
Long Leasehold Opportunity Size 43.87 sq m (472 sq ft)
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.
The property forms part of The Parade in Pagham, in Bognor Regis. Nearby occupiers include Cooperative Food, Jordan's Pharmacy and Pagham Newsagents.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
We understand that the property is not elected for VAT.
The property comprises a ground floor lock-up shop (forming part of a larger two-storey building). The main shop area is accessed via a hallway from the 'front door', and benefits from a kitchenette and WC. There are also two off-road car parking spaces to the rear.
The property has an approximate NIA of 43.87 sq m (472 sq ft).
Business Rates / Council Tax Band
Rateable Value (2017): £1,870
As the RV is below £12,000, we believe 100% small business rate relief is possible.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (email@example.com).
We understand the property has an EPC rating of F (142).
Further information on request.
Each party to bear their own legal costs incurred.
We have been instructed to market the property and quote a price of £50,000 for a 999 year long lease hold interest (expiring 2992), at a peppercorn rent, subject to contract. ( Agency Pilot Software ref: 3965 )