Popular
Total views: 2500+
Guide price
£425,000Land for sale
2-4 & 6 Ockley Road, Bognor Regis, West Sussex, PO21
Land
8930
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
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Features and description
- Commercial Investment Opportunity with Long Term Re-Development Potential
- Situated in Heart of Bognor Regis, West Sussex
- Potential For 10x Residential Flats (subject to planning). Positive Pre-App Response
- Fully Let Investment Currently Producing £36,000 Per Annum Rising to £40,500 Per Annum By 2029
- Net Initial Yield of 8.12%
- Viewing Highly Recommended
An opportunity to acquire a fully let and income producing commercial investment with the added potential of future residential development situated in the heart of Bognor Regis. The property comprises of a ground floor warehouse premises, currently utilised as a car tyre centre with self contained first floor offices / workroom space which is let to a storage and distribution in the childrens toy sector. Additionally there is a gated large yard area which is currently let out to a separate tyre company. The property is of standard brick construction under a tiled hung pitched roof. The site benefits from mains water and electric. The yard comprises of a series of buildings. Historically the site has been used for a variety of commercial uses however given the location it is felt that a conversion/demolition to residential could be considered subject to gaining the necessary planning consents.
Property information from this agent
About this agent

Justice & Co are Commercial property agents based in Worthing BN11 1TF










