The property comprises of a substantial and prominent two storey building of standard brick construction which has been rendered over under tile hung pitched roof. For many years the property has been occupied as a takeaway premises to part of the ground floor with the remaining ground floor and vast first floor premises providing living accommodation for the owners of the business and their staff. The property is being sold with full vacant possession. The ground floor provides a small waiting area with tiled flooring, ample electrical points, spot lighting and 11'7" double glazed frontage. To the rear of the ground floor is a fully fitted commercial kitchen with various gas cookers, sink, fridges and preparation stations. A covered walkway leads to the remainder of the ground floor accommodation which currently provides a utility room, dining room and lounge for the living accommodation for which there is self contained access directly off Chichester Road if required. The first floor provides a family bathroom and currently 6 individual rooms of varying sizes.
Opportunity
It is felt that this opportunity lends itself to both owner occupiers looking to utilise the ground floor commercial premises with the attached living accommodation or an investor/developer looking to break up the asset. It is felt that subject to obtaining any necessary planning consents that part of the ground floor and entire first floor could be converted into self contained apartments or an HMO. Interested parties are asked to make their own planning enquiries in this regard.
Location
The property is situated on Chichester Road in the popular seaside town of Bognor Regis. Chichester Road forms part of the B2259 road and is a busy commercial and residential road accessed directly off the A29 and with links to the A259 coastal road (1 mile south). Nearby occupiers include Bognor War Memorial Hospital, Hotham Park and Butlins. The street has a variety of independent and national retailers present to include Co-Operative Convenience store directly opposite the property. The Town centre with it's array of retail outlets, leisure complexes and restaurants is located within a 1.5 miles to the south of the property. Bognor Regis mainline railway station with its regular services along the south coast and north to London (journey time of 1 hour and 35minutes) is located 1.2 miles to the south. Bognor Regis is a popular seaside town and resort located on the south coast of England situated between the cathedral city of Chichester (7 miles west) and the seaside town of Worthing (18 miles east).
Accommodation
52 Chichester Road
Main Retail / Waiting Area - 202 sq ft
Commercial Kitchen - 254 sq ft
50 Chichester Road
GF – Utility Room - 79 sq ft
GF – Dining Room - 118 sq ft
GF – Living Room - 125 sq ft
1st – Bathroom - 77 sq ft
1st – Bedroom One - 126 sq ft
1st – Bedroom Two - 79 sq ft
1st – Bedroom Three - 48 sq ft
1st – Bedroom Four - 67 sq ft
1st – Bedroom Five - 118 sq ft
1st – Secondary Reception Room - 100 sq ft
Total - 1,393 sq ft
Terms
The property is available freehold with full vacant possession upon completion.
Guide Price – Offers in Excess of £390,000
Business Rates & Council Tax - The ground floor has a Rateable Value of £1,900. It is therefore felt that subject to status that 100% small business rates relief should apply. Interested parties are asked to verify this information with Arun District Council directly.
The residential part of the property currently has a Council Tax band of C.
VAT – No VAT To Be Charged On The Purchase Price
Legal Costs – Each Party To Pay Their Own Costs
EPC – D(82)
Specification
- Currently Comprising of Ground Floor Takeaway Premises With Connecting Residential House
- Situated on B2259 Road Close to Junction With A29 & A259 Roads
- Potential To Convert Residential into HMO or Apartments (stpc)
- Nearby Occupiers Include Bognor Hospital, Butlins Resort & Hotham Park
- Suit Owner Occupier or Investor
- Viewing Highly Recommended