17 Elmer Rd | Bognor Regis PO22 6DZ
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17 Elmer Rd
Bognor Regis PO22 6DZ
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Potential To Re-Configure Site into Multiple Retail & Residential Units (stpc)
- Prime location
- CCTV
EXECUTIVE SUMMARY
This freehold property offers a ground-floor retail unit, a self-contained two-bedroom flat above, and a rear outbuilding used for retail and storage. The retail space features a 28ft double-glazed frontage, modern lighting, ample electrical points, a kitchenette, WC, and CCTV (not tested). The outbuilding is split between a barber’s shop on a flexible license and storage space. The first floor flat includes a lounge, two bedrooms, a study, and a bathroom, with potential for rental uplift. Ideal for investors or developers, the property offers opportunities to split the retail unit, increase residential rent, or redevelop the outbuilding (STPC).
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,336 SF
Building Class
B
Year Built
1960
Price
$485,877
Price Per SF
$208.00
Cap Rate
3.11%
NOI
$15,111
Tenancy
Single
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.08 AC
Frontage
29’ on Elmer Road
AMENITIES
- Security System
- Signage
- Storage Space
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