13
For Sale

3-4 Queens Square, Bognor Regis

4,235 Sq Ft
£1,300,000
  • Ref: 195304
  • Type: Investment

Property Features

  • Current Use Class C1 Guest House
  • Potential for change of use to C3 Residential

Property Summary

FOR SALE - Guest House Investment / Development Opportunity
OIRO £1,300,000 FH

Full Details

The building is currently C1 Guest house use class, with potential for change of use to C3 residential (STPC), the occupiers are currently on weekly agreements, with the property being fully occupied. The property currently comprises of 10x self-contained units, with their own kitchen and bathrooms, which are a mixture of single units, 1x beds and 2x beds.

3 Queens Square 4 Queens Square
Unit 1 - £160 Unit 9 - £150
Unit 2 - £160 Unit 10 - £150
Unit 3 - £160 Unit 11 - £150
Unit 4 - £120 Unit 12 - £200
Unit 6 - £200 G F Room - £200
Total £1,650 P/Week Total £85,800 per annum. The building has potential for re-configuration, potential extension into the rear garden / hard standing area backing onto William Street where there is access from.

Location
The buildings are located in Queens Square, Bognor Regis, just off of Glamis Street, backing onto William Street. Bognor Regis town centre is a short walk away from the properties, with the seafront promenade nearby as well as Bognor Railway Station.

Terms
Offers are invited in the region of £1,300,000 for the freehold interest.

Available Area

Name/FloorSq FtSq MAvailability
g 1,896176.14Available
1st 1,083100.61Available
2nd 1,256116.69Available
Total4,235393.44