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18-20 London Road 18-20 London Road BOGNOR REGIS West Sussex PO21 1PY Un

£1,880,000

£73.68 per sq ft

Business rates & charges may apply

Colliers International, Retail
SIZE AVAILABLE

25,517 sq ft

2,371 sq m

SECTOR

Commercial property for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Prime High Street Retail

Description

Bognor Regis is a popular tourist town on the south coast with a population of approximately 63,000 people.

The property occupies a strategic position on Bognor?s pedestrianised London Road, surrounded by multiple national and independent retailers and leisure occupiers.

Three storey high street retail unit featuring a ground?floor sales area with partial storage, first?floor ancillary accommodation including staff areas and offices, supplemented by a smaller second floor and basement.

Total floor area of 25,517 sq ft (2,371 sq m) GIA.

Fully let to Poundstretcher Limited on a five year lease until 15th September 2029 with an unexpired term of 3.7 years to expiry.

Total passing rent of £160,000 p.a.

Asset management opportunities include an opportunity for part conversion and extension of the building to provide up to 104 student residential units, full planning permission previously granted for the scheme on 2 occasions, lapsed in Dec 2025.

Freehold.

Brochures

18-20 London Road 18-20 London Road BOGNOR REGIS West Sussex PO21 1PY Un

Approximate location
Open mapStreet View

About Colliers International, Retail

95 Wigmore Street London W1U 1FF

Colliers International is the world's third largest commercial real estate organisation with 530 offices in 62 countries.

In the UK we employ over 700 people in 12 main offices and we understand how important in-depth local knowledge is to our clients. However, being an integral part of the newly aligned Colliers International also gives our clients access to over 12,300 professionals around the world and allows us to share comprehensive market knowledge and intelligent insight into market trends globally as well as important relationships across the international marketplace.

This combination of unrivalled global coverage, accountability and financial strength with local ownership and expertise provides our clients with a unique operating model, one which ensures we can deliver comprehensive and truly pertinent solutions for each and every one.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference a03N100000KTjj3IAD. 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 Colliers International, Retail. 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.

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