For Sale By Auction | 10:30, 27 October 2021 | Lot 60

5 Victoria Drive, Bognor Regis, West Sussex, PO21 2RH

Sold £295,500

  • Mixed Use
  • 8 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 27/10/2021

Auction Time

10:30

Auction Venue

Live Stream

Viewing Times:

Sat 16 Oct

11:00-11:30

Sat 23 Oct

11:00-11:30

A Vacant Detached Building Arranged as a Ground Floor Retail Unit. Offered with Planning Permission for the Redevelopment of the Existing Site to a Mixed Use Development Comprising a Ground Floor Retail Unit With Five Residential Units Above.

The property comprises a detached building situated on a site measuring approximately 0.05 acres with planning permission for the redevelopment of the existing site to provide a ground floor retail unit and five residential units above (2 x 1 Beds and 3 x 2 Beds).

Tenure

Freehold

Location

The property is situated on a residential road in Bognor Regis minutes away from the beach and close to local shops and amenities. The open spaces of Hotham Park are within easy reach. Transport links are provided by Bogor Regis rail station.

Planning

Arun District Council granted the following planning permission (ref: BR/280/19/PL) on 31-01-20: 'Redevelopment of existing retail site to a mixed use development comprising a single ground floor retail unit with 5 residential units at first, second and third floor levels.'

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.