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Magnus Court, St Martins Street, Chichester, PO19 1AF

For sale: POA|Other, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALEPOA
ADDRESSMagnus Court, St Martins Street, Chichester, PO19 1AF
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON21st December 2019

DESCRIPTION

Description

Head Long Leasehold Ground Rent Investment (Expiry 2129) at Peppercorn Rent

Location

The Cathedral City of Chichester is a historic and thriving administrative 65 miles south west of London, 15 miles east of Portsmouth and 30 miles west of Brighton.

The premises are situated in a recent development behind Marks and Spencer, between St Martins Street and Little London car park. St Martins Street leads from the main pedestrianised shopping area of East Street and is linked by a pedestrian route leading from North Street.

Planning

We understand that the premises benefit from Class A1/ A2/ A3/ A4/ A5 / B1(a) Office / B1(c) Light Industrial / B8 Storage and Distribution use within the Use Classes Order 1987 (as amended).


VAT

The property is VAT exempt.

Business Rates / Council Tax Band

Flat 1 2 3 4 5 6
Band C B C C B C

EPC

We understand the property has an EPC rating of C.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

We have been instructed to market the head long leasehold interest, which has a term of 125 years from 1 January 2005, subject to the existing sub long leasehold interests, as set out in the Tenancy and Accommodation Schedule.
( Agency Pilot Software Ref: 3397 )

LOCATION

Location: Magnus Court, St Martins Street, Chichester, PO19 1AF

Chichester (0.4 miles)

Fishbourne (Sussex) (1.6 miles)

Bosham (3.1 miles)

AGENT'S DETAILS

PROPERTY AGENT
Mark Minchell
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