The Crane Street shopping parade is conveniently located off North Street in the historic city centre of Chichester in West Sussex.
Chichester is a charming and bustling city, attracting a broad demographic of shoppers from surrounding smaller towns and rural villages, along with tourist and visitors from a wide area. Weekly street markets bring individual craftspeople, traders selling delicious artisan foods and fresh essentials, home and garden accessories and clothing.
Shops in Crane Street provide an opportunity for small businesses to obtain affordable retail space in close proximity to the main streets and benefit from the footfall of national retailers, such as The White Company, Marks & Spencer, L’Occitane, Greggs and the West Cornwall Pasty Co.
The unit totals 406 sq ft and is open plan with a kitchenette and WC to the rear. There is electric panel heating and laminate flooring in the retail area.
The premises benefit from A1 Retail use. Alternative uses may be appropriate, subject to planning permission.
The unit is available to let by way of a new (effectively) full repairing and insuring lease of £1,125 pcm exclusive plus VAT. The lease will be contracted out of the provisions of the Landlord and Tenant Act 1954 Sections 24-28.
EPC - C
Rateable Value: £16,250
Rates Payable 2020/21: £8,320
The tenant may be able to claim Small Business Relief discount if this is the only business property.
REPAIRS & MAINTENANCE
The tenant is to be responsible for all repairs other than those that are the subject to a service charge or recharge of the Council’s costs of undertaking the work on a common basis.
The service charge is currently £500 per annum.
The lessee will be responsible for rates, utilities, reimbursement of the insurance costs (which will be invoiced to the tenant directly by the Council’s Insurance Officer), insurance of contents and any other outgoings that may be applicable.
RENT DEPOSIT / GUARANTEE
The Council will require a rent deposit as guarantee for the rent and tenant obligations.