Auction House London

Lot 60

Mixed Use - Commercial Property 

5 Victoria Drive

Bognor Regis, West Sussex, PO21 2RH

Sold for £295,500

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.

Description

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.'

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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Open House Viewings:
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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

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