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Residential Development for sale

Richmond Avenue, Bognor Regis

Guide Price £725,000

Property Description

Key features

  • Re-development potential
  • Parking to rear
  • 30+ rooms
  • Previously five houses
  • Just outside town centre
  • Good sized rear garden
  • 2x lifts within property
  • 2x Garages to rear

Full description

LOCATION
The property is located just outside Bognor Regis town centre within a residential street, the property is also a short distance from Aldwick Road shopping parade and the main seafront.

Bognor Regis is a seaside town on the south coast within West Sussex, it is located to the south east of Chichester Town Centre, there are direct rail services to London Victoria via Horsham as well as other services towards Littlehampton, Worthing and Brighton.

DESCRIPTION
The property was formally arranged as five dwellings and has most recently been used as sheltered housing for the elderly with a total of 30x Rooms including 3x self-contained flats used for staff accommodation the building is arranged across ground, first and second floors.

Externally the property benefits from a good sized rear garden area, double garage as well as a summer house and parking area for circa 5x vehicles accessed via Nyewood lane.

The property is surrounded by predominantly C3 residential dwellings with a nearby care home at 40 Richmond Road (Ashby House) having recently been given consent for change of use into a 4x bed private dwelling.

Various options are potentially available in respect of re-development potential inluding a flat or house scheme, as well as conversion to a HMO accomodation all of course would be subject to the required planning consent being obtained from Arun District Council.


DIMENSIONS
Floor plans of the property are available to interested parties on request.

FREEHOLD
The property has a guide price of £725,000 unconditional offers are invited for the freehold interest with vacant possession. BEST BIDS due by Wednesday 8th November at 1pm.

LEGAL COSTS
Each party will be responsible for their own legal costs in relation to this transaction.

EPC
An EPC report is available, for all interested parties to view on request.

VAT
We are advised that VAT will not be chargeable, however interested parties should make their own enquiries to confirm.


More information from this agent

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