Unit 4, 55 London Rd Bognor Regis West Sussex PO21 1GG

  • Unit 4, 55 London Rd<br>Bognor Regis<br>West Sussex<br>PO21 1GG

Unit 4, 55 London Rd
Bognor Regis
West Sussex
PO21 1GG

Town Centre Retail Investment

  • Retail unit let until 2035
  • Town Centre Location within a two minute walk from the pedestrianized London Road
  • Nearby occupiers include Dulux, Mind and Oxfam
  • Tenant in occupation since 2000
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    110
  • Auction
    13th October 2016
  • Rent
    £10,500 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of a Major Fund Manager
Important Update
  • Expand
  • Photos
  • Map

Town Centre Retail Investment

  • Retail unit let until 2035
  • Town Centre Location within a two minute walk from the pedestrianized London Road
  • Nearby occupiers include Dulux, Mind and Oxfam
  • Tenant in occupation since 2000
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 110
  • Auction 13th October 2016
  • Rent £10,500 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of a Major Fund Manager

Property Information

Location
Miles
7 miles south east of Chichester, 24 miles west of Brighton, 37 miles south of Guildford
Roads
A3, A27, A280
Rail
Bognor Regis Rail
Air
London Gatwick Airport
Situation

Bognor Regis is a seaside town in West Sussex some 7 miles south east of Chichester. The property is situated on the eastern side of London Road close to it's junction with Lyon Street. The pedestrianised area of London Road is a two minute walk away which houses occupiers including Store Twenty One, Boots Chemist and Poundland. Other nearby occupiers include Dulux, Mind and Oxfam.

Tenure

Virtual Freehold. Held for a term of 999 years from 24/06/1990 until 23/06/2989 at a peppercorn rent.

Location
Miles
7 miles south east of Chichester, 24 miles west of Brighton, 37 miles south of Guildford
Roads
A3, A27, A280
Rail
Bognor Regis Rail
Air
London Gatwick Airport
Situation

Bognor Regis is a seaside town in West Sussex some 7 miles south east of Chichester. The property is situated on the eastern side of London Road close to it's junction with Lyon Street. The pedestrianised area of London Road is a two minute walk away which houses occupiers including Store Twenty One, Boots Chemist and Poundland. Other nearby occupiers include Dulux, Mind and Oxfam.

Tenure

Virtual Freehold. Held for a term of 999 years from 24/06/1990 until 23/06/2989 at a peppercorn rent.

Description

The property comprises a ground floor retail unit forming part of a
larger building.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit forming part of a
larger building.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground Takeaway (A5)
43 sq m
(470 sq ft)
INDIVIDUAL
t/a Bright Moon
Chinese Takeaway
20 years from 01/12/2015
until 30/11/2035
£10,500 01/12/2020 and five
yearly
   
43 sq m
(470 sq ft)
    £10,500  

Property Documents

  • Site Plan
    Updated Date
    13.11.19
    File Size
    80 KB
    View PDF
  • Catalogue Page
    Updated Date
    13.11.19
    File Size
    504 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds LLP
Hannah Simmonite 02920 477 628hannahsimmonite@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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