THE Arcade - one of the most iconic shopping locations in Bognor Regis - is being bought by Arun District Council as it continues to invest in the town.

Working with local agents and the town centre management team, the council wants to fill the vacant units, improve the premises and restore the arcade as a key attraction in the town.

The Arcade is located between the heart of the town centre and the Regis Centre development site owned by the council where there are plans for the “Gardens by the Sea” Winter Gardens and enhanced cultural hub.

Council bosses hope improvement of this retail area will deliver a sound investment.

The council is also looking to invest in commercial property to provide income for future years.

Councillor Stephen Haymes, Arun District Council’s Cabinet Member for technical services, said: “I am delighted to be able to announce that the council is to be the proud owner of The Arcade in the town centre.

“As part of our Property Investment Strategy, we are buying the freehold of The Arcade first and foremost to generate an income stream for the council.

“We look forward to working with the current tenants and we know that The Arcade has real potential to grow this income as the vacant units are let.”

Councillor Phil Hitchins, chairman of the Bognor Regis regeneration sub-committee, said: “This is a great opportunity for the regeneration of the town.

“The council can now protect and care for The Arcade as one of the most attractive, desirable and best located retail buildings in the town.

“As The Arcade is currently home to about a third of all the vacant properties across the whole town centre, we look forward to working with the Town Centre Manager and other partners, and seeing the Arcade filled with new and vibrant local businesses once again.”

The Arcade runs from the junction of London Road and High Street into Belmont Street.