AGENCY | LEASE ADVISORY | MANAGEMENT | RATING | …
Transcript of AGENCY | LEASE ADVISORY | MANAGEMENT | RATING | …
40 East StreetChichester, West Sussex PO19 1HX
PRIME CITY CENTRE RETAIL UNITSales Area 106 sq m (1,140 sq ft)
Key Features:
• Located in the busy retail and leisure
destination of Cathedral City
• Fully refurbished
• Ancillary parts 83 sq m (889 sq ft)
• Open plan sales area
• Suitable for a variety of uses (STP)
• Rent £42,500 pax
• New FRI lease available
• Nearby occupiers include TK Maxx, Next, Ask
Italian and Cafe Nero
AGENCY | LEASE ADVISORY | MANAGEMENT | RATING | VALUATION | INVESTMENT | DEVELOPMENT
TO LET
Location
Chichester is an attractive Cathedral City, and thecounty town of West Sussex.
The building is located on the northern side of EastStreet, which is one of the principle retailing streetsin the city centre, close to its junction with LittleLondon.
Nearby occupiers include TK Maxx, Café Nero, Boston Tea Party, Next, H&M and New Look.
Accommodation
The property comprises an attractive mid-terraced Grade II Listed building arranged over three floors and an attic. Internally, the ground floor provides an open plan retail area with offices and storage above.
The property has the following approximate NIA:
Floor Description sq m sq ft
Ground Sales Area 106 1,140
First Office/Storage 36 391
Second Office/Storage 28 304
Attic Storage 18 194
Total NIA 190 2,028
EPC
We understand the property has an EPC rating of D(83).
Planning
We understand that the premises benefits from Class A1 use under the Town & Country Planning (Use Classes) Order 1987, as amended.
Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E ‘Commercial Business and Service’ use within the Use Classes Order 2020.
Terms
The property is available to let by way of a new full repairing and insuring lease for a term to be agreed at a rent of £42,500 per annum exclusive.
Business Rates
Rateable Value (2017): £53,000.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green ([email protected]).
VAT
The property is registered for VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property.
Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues.
We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and small business relief.
40 East StreetChichester. West Sussex PO19 1XH
Viewings and Further Information
Please contact the sole agents Flude Property Consultants:
Mary Jackson
01243 929140
www.flude.com
OFFICES IN BRIGHTON, CHICHESTER AND PORTSMOUTH
12 May 2021
50 metres
Chichester
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Experian Goad Plan Created: 20/05/2021 Created By: Flude West Ltd
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OFFICES IN BRIGHTON, CHICHESTER AND PORTSMOUTH
40 East StreetChichester. West Sussex PO19 1XH
GOAD Map
OFFICES IN BRIGHTON, CHICHESTER AND PORTSMOUTH
40 East StreetChichester. West Sussex PO19 1XH
Floor Plans
Bldg/Floor
A
LEASE PLAN
Project no.
KAD
1:100@A3Scale
Drawing
Sequential
01
Date
JUNE 2021
LPDetail
.Rev
RCHITECTURAL
D
Project
Client
AKNIGHT
ESIGN
Rev Revision DateBy
40 EAST STREETCHICHESTER
PO19 1HX
FLUDE
K.A.D. Ltd.First Floor Unit 7The Quarterdeck
Port SolentPO6 4TP
T: 01489 660194E: [email protected]
W: www.k-a-d.co.uk
GROUND FLOOR 1:100 FIRST FLOOR 1:100 SECOND FLOOR 1:100 THIRD FLOOR 1:100
For identification purposes only.