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Agent's details

31-32 East Street, Chichester, West Sussex

To rent: £57,500.00 Per Annum|1,692 Sq Ft|Retail - High Street, Retail

Property details

TO RENT£57,500.00 Per Annum
SIZE1,692 Sq Ft
ADDRESS31-32 East Street, Chichester, West Sussex
TYPERetail - High Street, Retail
TENURETo Let
POSTED ON10th November 2021

Description

Description

Well Presented Prime Retail Unit
Ground Floor Sales Area: 157.20 sq m (1,692 sq ft)

Location

Chichester is an attractive cathedral city, and the county town of West Sussex. It is conveniently located along the A27 south coast trunk road, and lies approximately 15 miles to the east of Portsmouth and 30 miles west of Brighton. A mainline railway service to London reinforces commerce.

Chichester City Centre is a vibrant and attractive retail centre. The retail on offer in Chichester is concentrated within the city walls and is focused along two main shopping axes namely North Street/South Street and East Street/West Street; these intersect at the Market Cross.

The property is situated on the North side of East Street, nearby occupiers include Costa Coffee, Specsavers, Vodaphone, H and M, New Look, Marks and Spencers and Ernest Jones.

Planning

We understand that the premises benefits from Class A1 use within the Use Classes Order 1987 (as amended).


VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The accommodation forms part of a Grade II Listed building and comprises a self-contained retail unit with ancillary staff accommodation, storage at basement level and access to the rear.

We have measured and calculate the accommodation to have the following approximate Net Internal Area (NIA):

Description sq m sq ft
Ground Floor Sales 157.20 1,692
Basement Ancillary 25.12 270
Total NIA 189.60 2,041

Gross Frontage 7.59 24, 11
Net Frontage 25.12 22, 10
Internal Width 189.60 22, 10


Business Rates / Council Tax Band

Rateable Value (2017): £96,000.

Following the Government's recent Budget, occupiers of retail and leisure properties are eligible to receive a discount of 100% from their 2020/2021 rates bill, which may be subject to EU State Aid Limits. Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).


EPC

We understand the property has an EPC rating of C(58).

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £67,500 per annum exclusive.

( Agency Pilot Software Ref: 3402 )

Location

marker
Location: 31-32 East Street, Chichester, West Sussex

Chichester (0.4 miles)

Fishbourne (Sussex) (1.7 miles)

Bosham (3.2 miles)

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