Summary - 2-4, OCKLEY ROAD PO21 2HW
1 bed 1 bath Land
**Standout Features:**
- Large 8,930 square foot commercial property
- Current income of £36,000 per annum, projected to rise to £40,500 by 2029
- Located in the heart of Bognor Regis with excellent road access
- Positive pre-application response for potential redevelopment into 10 residential flats (subject to planning consent)
- Fully let with established commercial tenants including a tyre centre and a children’s toy sector business
- Gated yard area currently leased to separate tyre company
- Freehold tenure
**Summary:**
Discover a lucrative commercial investment opportunity in the vibrant heart of Bognor Regis. This expansive 8,930 square foot property not only serves as a fully let, income-generating asset currently producing £36,000 annually but also holds significant future potential for residential conversion, with the possibility of developing up to 10 flats, pending planning approval.
The property features a spacious ground floor warehouse currently operated as a car tyre centre, complete with self-contained first-floor offices and a large yard area. With mains services and solid brick construction, this investment is poised for both financial returns and strategic redevelopment.
Set in a bustling urban area with excellent amenities, including schools with good Ofsted ratings and various local conveniences, this is an exceptional opportunity for investors looking for property with immediate cash flow and long-term growth potential. Don't miss out on this dual-purpose asset; schedule a viewing today to explore its unique potential!
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