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Commercial House 19 Station Rd

3,561 SF 100% Leased Retail Building Bognor Regis PO21 1QD £550,000 (£154/SF) 7.28% Net Initial Yield

Investment Highlights

  • Good road connections
  • High footfall area
  • Amenities nearby

Executive Summary

The freehold is being offered to the market subject to the various tenancies and is currently generating £40,040 per annum. A copy of the individual tenancies are available on request to seriously interested parties.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
3,561 SF
Building Class
B
Year Built
1900
Price
£550,000
Price Per SF
£154
Net Initial Yield
7.28%
NOI
£40,040
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Frontage
21 ft on Station Rd

Amenities

  • 24 Hour Access
  • Security System

Nearby Major Retailers

Barclays
Morrisons
Costa Coffee
Lloyds Bank
Iceland
National Westminster Bank Plc
Co-op Food
Santander
Bonito Lounge
Tesco Superstore
  • Listing ID: 34219871

  • Date on Market: 17/12/2024

  • Last Updated:

  • Address: 19 Station Rd, Bognor Regis PO21 1QD

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