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Agent's details

31-33 South Street, PO19

To rent: £90,000.00 Per Annum|4,779 - 6,222 Sq Ft|Restaurants/Cafes, Licensed & Leisure

Property details

TO RENT£90,000.00 Per Annum
SIZE4,779 - 6,222 Sq Ft
ADDRESS31-33 South Street, Chichester, PO19 1EL
TYPERestaurants/Cafes, Licensed & Leisure
TENURETo Let, Under Offer
POSTED ON30th May 2024

Description

Key Points

  • Fully fitted food and beverage restaurant/ bar unit in Chichester City Centre
  • Gross Internal Area 6,222 FT2 with approx. 2,809 FT2 customer space
  • Seats up to 160 across tiered sections with 16 externally
  • Located close to Wagamama, Pizza Express and numerous retail businesses
  • Places of note include Chichester Cathedral and University of Chichester
  • Lease available (assignment or new lease to be confirmed)
  • Summary

    Confidential - Fully fitted restaurant in affluent central Chichester location with GIA of c.6,222 FT2 & 160 seated covers

    Description

    A triple frontage mid terrace property of brick construction with glazed ground floor elevations with office space above under a pitched tile roof (office not included).

    Internal Description
    An open plan ground floor commercial restaurant space with features including an prominent bar servery to the front, pizza kitchen and multi-tiered dining areas. There are approximately 160 seated covers available throughout.
    The interior has been professionally designed and finished to a high standard and is in turn-key condition.
    Ancillary space includes preparation kitchen, wash-up room, walk-in-fridge, office, staff room and cold-room. Located to the other side of the property are 2 x customer WCs, accessible WC and two large vaulted ceiling plant and storage rooms.

    Location

    The property occupies a sought-after location in the cathedral city of Chichester on South Street, a well-known retail and eating and drinking area. Hospitality operators nearby include Wagamama, Pizza Express, with Tesco Express close by.

    Availability_text

    The accommodation comprises the following areas:

    Licensing

    The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol until 23:00 hrs.

    Tenure

    Leasehold with an expiry 2041. The current passing rent is £90,000 per annum exclusive. Full details are available upon request.

    Fixtures & Fittings

    Fixtures and fittings can be included by way of a premium agreement and comprise loose tables, chairs, booth seating and an excellent wood fire pizza oven. Branded items will not be included.

    Energy Performance Certificate

    The property has an EPC Rating of A-25.

    Rateable Value

    The subject property is entered in the 2023 Central Rating List with a Rateable Value of £79,000. In England & Wales the Small Business Multiplier is £0.499 / Higher Multiplier is £0.512. Please check with the VOA for the most up to date information on all rating matters.

    VAT

    All figures quotes are exclusive of VAT.

    Money Laundering

    Money Laundering Regulations require Savills to conduct checks upon all Purchasers (including Agents). Prospective tenants will need to provide proof of identity and residence.

    Viewings

    Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the sole agent Savills. Under no circumstances should any direct approach be made to any of our clients staff.

    Location

    marker
    Location: 31-33 South Street, Chichester, PO19 1EL

    Chichester (0.2 miles)

    Fishbourne (Sussex) (1.5 miles)

    Bosham (3.0 miles)

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