Richmond House, 47 South Street, PO19

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Key Points

Summary

INVESTMENT - Let to a Well Established Dental Practice

Description

The property is a three-storey mid-terrace grade II listed building, circa 18th Century. The premises consist of 3 floors that have all been converted to form surgery and office accommodation. The ground floor consists of a waiting room, reception and two surgeries. On the first floor there are 4 surgery / recovery rooms. The second floor consists of two office areas, a staff room and kitchen area. There is a basement area, which is currently used for storage only.

Location

Chichester is situated midway along the A27 between Havant & Arundel. The subject premises are situated on the eastern side of South Street. South Street can be approached the A27 via the A286, Stockbridge Road.

Terms

Freehold available at a price of £685,000 subject to the following lease let to Whitecross Dental Care Limited who took at 15 years lease from 29th April 2013 and due to expire 28th April 2028 at a passing rent of £39,000 pa. There is a rent review due on 29th April 2025.

Promo

Medical Investment - Offers Invited

Other Matters

Legal Costs - Each Party to bear their own costs incurred in the transaction.
VAT - Unless otherwise stated all costs & prices are exclusive of VAT.