6 Ockley Rd 5,405 SF 100% Leased Retail Building Bognor Regis PO21 2HW $831,772 CAD ($153.89 CAD/SF) 7.66% Cap Rate

INVESTMENT HIGHLIGHTS

  • Prime Town Centre Location
  • Versatile Brick-Built Premises
  • Yard

EXECUTIVE SUMMARY

A fully let, income-producing freehold commercial property in the heart of Bognor Regis, offering future residential development potential (STPC). The site comprises a ground-floor warehouse (1,054 sq ft) used as a tyre centre, first-floor offices/storage (2,002 sq ft) let to a toy distribution business, and a large gated yard (5,250 sq ft) leased separately. Conveniently located just 0.3 miles from Bognor Regis train station and within walking distance of the town centre, this property presents a strong investment opportunity with an indicative residential scheme for 10 flats and positive pre-application feedback from Arun District Council. Guide Price: £450,000 (No VAT).

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
5,405 SF
Building Class
B
Year Built
1980
Price
$831,772 CAD
Price Per SF
$153.89 CAD
Cap Rate
7.66%
NOI
$63,714 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.10
Lot Size
1.20 AC
Frontage
26’ on Ockley Road

AMENITIES

  • Commuter Rail
  • Signage
  • Energy Performance Rating - D
  • Storage Space

NEARBY MAJOR RETAILERS

Costa Coffee
Morrisons
Barclays
Lloyds Bank
National Westminster Bank Plc
Co-op
Iceland
Santander
Lounges
StorageMart
  • Listing ID: 35158046

  • Date on Market: 2025-03-17

  • Last Updated:

  • Address: 6 Ockley Rd, Bognor Regis PO21 2HW