E557 The Steyne, Bognor Regis, West Sussex PO21

Nine Converted Apartments in a detached Listed Development

sold on 125 year leases from 29th September 2018

at a combined (rising) ground rent of £1,350 per annum

(£150 per Apartment)

with the ground rents increasing by £75 every twenty years


The Landlord Insures, Manages and recovers all costs due from the Lessees

Sum Insured: £1,868,760. Premium: £1,562.03. Renewal: 18th January 2020

The Landlord owns everything above the ceilings, below the floors, the Common Parts and the building envelope

and can Develop as they see fit.

The Lessees cannot alter their premises without the written consent of the Landlord.


Section V Notices have not yet been served

Copy documents held electronically: Executed Lease; Insurance Summary of Cover;

Office Copy Entries

Original Developer Selling

Guide Price: £34,000