Block of flats for sale

Walton Road, Bognor Regis PO21

Strapline

Auction Sale - 18/07/2023

A well located detached block of five self contained purpose built flats having permitted development rights for the erection of an additional storey comprising 2 x two bedroom self contained flats-Investment let at £200 pa

Description

• Detached purpose built block of five self contained flats
• Convenient location a short distance from the sea front
• Permitted development rights for the construction of an additional storey
• Forms two x two bedroom new self contained purpose built flats

Location

The property is situated close to the junction of Campbell Road

Shopping facilities are available locally in Bognor Regis along with a good selection of cafes bars and restaurants

Recreational facilities can be found at Hotham Park and the sea front which are both conveniently close by

Nearby road communications are via the A29 A259 and B2259

Transport

National Rail Bognor Regis

Tenancy

Flat 1 999 years Peppercorn Ground Rent

Flat 2 999 years Peppercorn Ground Rent

Flat 3 1st February 2012 to 19th December 2161 ground rent £100pa

Flat 4 23rd November 2011 to 19th December 2161 ground rent £100pa

Flat 5 140 years Peppercorn Ground Rent

Accommodation

Detached purpose built block of 5 self contained flats

Planning

Permission (Ref br/178/22/pd) was granted on the 25/10/2023 by Arun District council for prior approval under schedule 2 part 20 Class A for the construction of one additional storey creating 2 additional dwellings