44-56 Aldwick Road, Bognor Regis
Property Features
- FH Block, Part Sold Uppers
- Commercial producing £59,895pa
- Full let parade, majority on new leases
- 4x Flats lets on AST's remaining sold on LL
Property Summary
OIEO £1,200,000 FH
Full Details
Freehold ground floor commercial investment block, comprising of 7x commercial units, currently producing £58,845pax. With additional ground rent income of £1,050pa from sold off uppers.
The majority of the residential upper parts are already sold off, with 4x flats currently let on AST's. Copies of the commercial leases are available for interested parties along with a full tenancy schedule for the building.
Location
Located on the North side of Aldwick Road, just outside of Bognor Regis town centre within a busy secondary parade, the parade has a good level of footfall and passing trade, the area is a popular location with a variety of others users nearby.
Viewings
Viewings can be arranged via the Vendors Sole Agents - Newlands Property.
Terms
The freehold of the property is for sale with an asking price of OIEO £1,200,000 subject to the existing leases in place
Available Area
| Name/Floor | Sq Ft | Sq M | Price | Availability |
|---|---|---|---|---|
| g 44 | 746 | 69.31 | On Application | Sold |
| g 46 | 793 | 73.67 | On Application | Sold |
| g 48 | 619 | 57.51 | On Application | Sold |
| g 50 | 614 | 57.04 | On Application | Sold |
| g 52 | 666 | 61.87 | On Application | Sold |
| g 54 | 256 | 23.78 | On Application | Sold |
| g 56 | 237 | 22.02 | On Application | Sold |
| Total | 3,931 | 365.20 |