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168 London Rd 874 SF Retail Building Bognor Regis PO21 1BD $279,426 CAD ($319.71 CAD/SF)
Investment Highlights
- Let on a 10 year FR&I lease from October 2025.
- 6 week completion.
- A freehold ground floor lock up shop & advertising hoarding investment.
- The property occupies a prominent corner position.
- An Approx. 799 sq ft (74.2 sqm).
- Investment let at £16,000 p.a. (10.67% GIY on guide price).
- Advertising hoarding let on 10 year licence from October 2025.
- No VAT on the sale price.
Executive Summary
A freehold corner property comprising a ground floor lock up shop and advertising hoarding. The retail unit is currently let to private individuals trading as a Grocers. Nearby occupiers include Morrisons, Iceland, Pizza hut and Subway, as well as wide range of boutique and independent retailers.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Storefront
Building Size
874 SF
Building Class
B
Year Built
1960
Price
$279,426 CAD
Price Per SF
$319.71 CAD
Tenancy
Single
Building Height
1 Story
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Mayfield Kitchens Ltd
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Mayfield Kitchens Ltd | - | - | - | - |
1 1
Nearby Major Retailers
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168 London Rd
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