6/6a The Parade, Pagham, West Sussex, PO21 4TW
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- FOR SALE BY AUCTION ON THURSDAY 18TH SEPTEMBER 2025 (UNLESS SOLD PRIOR).
- Restaurant & Flat
- Producing £16,780 per annum
- Gross Yield 9.9%
Description
Located close to the junction with Sea Lane, within this established local shopping centre serving the surrounding residential community.
Pagham lies on the outskirts of the exclusive residential area of Aldwick some 3 miles west of Bognor Regis and 5 miles south of Chichester.
PROPERTY
An end of terraced building comprising a Ground Floor Restaurant with separate rear access via an enclosed front stairwell and communal balcony to a Self-Contained 2 Bed Flat on the first floor.
There is a rear service road leading to off-street parking for 3-4 cars.
VAT is NOT applicable to this Lot
TENURE
Leasehold for a term of 999 years from 1st January 1977 at a peppercorn ground rent PLUS 1/6TH SHARE OF THE FREEHOLD OF THE ENTIRE PARADE (Nos. 1/1a to 6/6a).
TENANCIES & ACCOMMODATION - See Brochure
Note 1: The Tenant of the Restaurant is also the Tenant of the Flat, which is occupied by staff.
Note 2: 6 Week Completion
Energy Performance Certificates
EPC - ShopEPC - FlatBrochures
6/6a The Parade, Pagham, West Sussex, PO21 4TW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bognor Regis Station3.0 miles
- Chichester Station4.7 miles
- Fishbourne Station5.8 miles
Notes
Disclaimer - Property reference Pagham. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Barnett Ross, Barnett Ross. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnett Ross, Barnett Ross on 020 8106 0950.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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