*Guide | £40,000+ (plus fees)
- Retail Property (high street)
- Tenure: Leasehold. The property is held on a 999 year lease from 1st January 1977 (thus approximately 953 years unexpired).
Call the team on 020 7625 9007 for more information
A Ground Floor Shop Subject to a Tenancy Producing £6,250 Per Annum
The property comprises a ground floor shop situated within an end of terrace building arranged over ground and first floors.
Tenure
Leasehold. The property is held on a 999 year lease from 1st January 1977 (thus approximately 953 years unexpired).
Location
The property is situated on a commercial parade close to local shops and amenities. The open spaces of Pagham Beach are within easy reach. Transport links are provided by Bognor Regis rail station.
Accommodation
Ground Floor Shop Area
Tenancy
The property is subject to a lease for a term of 15 years commencing 2022 at a rent of £6,250 per annum. There are rent reviews every 5 years.
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.
