Key Features
Description
Bognor Regis is a popular tourist town on the south coast with a population of approximately 63,000 people.
The property occupies a strategic position on Bognor’s pedestrianised London Road, surrounded by multiple national and independent retailers and leisure occupiers.
Three storey high street retail unit featuring a ground‑floor sales area with partial storage, first‑floor ancillary accommodation including staff areas and offices, supplemented by a smaller second floor and basement.
Total floor area of 25,517 sq ft (2,371 sq m) GIA.
Fully let to Poundstretcher Limited on a five year lease until 15th September 2029 with an unexpired term of 3.7 years to expiry.
Total passing rent of £160,000 p.a.
Asset management opportunities include an opportunity for part conversion and extension of the building to provide up to 104 student residential units, full planning permission previously granted for the scheme on 2 occasions, lapsed in Dec 2025.
Location
The Property is located in the coastal resort of Bognor Regis in Arun District Council and West Sussex County Council, approximately 7 miles south east of Chichester and 14 miles to the west of Worthing. The town is a popular tourist destination along the south coast.
Contact us via [email protected]
