Brighton: 01273 326171
Bognor Regis: 01243 868600

LOT 32

25-29 Aldwick Road, Bognor Regis, West Sussex, PO21 2LN

25-29 Aldwick Road, Bognor Regis, West Sussex, PO21 2LN

Property Details
Tenure

FREEHOLD

Description
This substantial property comprises of 3x retail units an Architects, TV retailer & Funeral directors along with 6x residential units, 3x two beds and 3x one beds all let on AST's with the additional benefit of car parking to the side of the property. A number of the properties have undergone refurbishment with new windows as well as internal and external redecoration within the last year.

Shop 25 - £10,000 per annum
Shop 27 - £7,999.92 per annum
Shop 29 - £9,000 per annum
The Mews Flat 1 - 2x bed - £9,300 per annum
The Mews Flat 2 - 2x bed - £7,500 per annum
The Mews Flat 3 - 1x bed - £6,480 per annum
The Mews Flat 4 - 1x bed - £7,800 per annum - (Currently vacant)

Aldwick Rd 27a - 2xbed - £7,620 per annum
Aldwick Rd 29a - 1.5xbed -£7,800 per annum
Total current income £65,699.92pa - (Fully let £73,499.92pa). Copies of the commercial leases and AST's are
available for interested parties.

Location
The property is situated on Aldwick Road just off the seafront on the outskirts of Bognor Regis town centre.
Aldwick Road has a steady flow of traffic, there is nearby on street parking and small car park. Multiple
retailers are close by in the town centre together with mainline railway station.

Additional Information
*Guide price definition

Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.

Reserve price definition

The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.


  • Consisting of 3 Retail Units and 6 Residential Units
  • Income When Fully Let of £73,499 per annum
  • Benefit of Car Parking

Sold for an undisclosed amount


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