Locally Based Developers Purchase Large Commercial Building Off-Market
Wednesday 29 September 2021
Acting on behalf of a private client, we are delighted to have sold 62-64 High Street in Bognor Regis; a substantial commercial unit totalling around 11,000 sq ft of space.
The property is in a central position in Bognor Regis, on the northern side of the High Street, close to public car parks. Part of the ground floor is let to Poppins Café on a long term lease and the remainder of the ground floor and upper two floors were previously used as a gym.
Our initial instructions were to market the vacant part of the building on a ‘to let’ basis, but we were able to identify and agree terms for the unconditional sale to a locally based property development company.
Sebastian Martin commented, “We continue to see good demand for these types of commercial buildings, which are located in strong secondary towns such as Bognor Regis”.
