South Coast property agents Parsons Son & Basley have just completed the letting of 48 High Street, Bognor Regis on a new 8 year lease with starting rent of £20,000pa rising to £25,000pa.
The sale of a shop and flat in London Road, Bognor Regis has also just been concluded for £190,000.
Richard Lowrey of Parsons Son & Basley commented: “The Demand for freehold investments continues and private investors are capitalising on the value for money smaller towns like Bognor Regis offer compared to other localities such as Chichester and Brighton & Hove with smaller investors being price out of the market by the lack of available stock and high demand.”
