Description

LOCATION
The property is located in the heart of Chichester city centre, occupying a highly prominent position on South Street just down from the clock tower.

Other occupiers within the immediate area include, Steamers, Moss Bros, Cote Brasserie, Wahaca Mexican restaurant chain, Timpson’s and Prezzo’s restaurant chain.

DESCRIPTION
The property comprises of ground floor A1 retail space with rear kitchenette and W.C along with the benefit of rear access and substantial basement storage area.

Internally the property has wood flooring throughout, spot lighting a security alarm system and is in good decorative order throughout.

The property would suite a variety of users and offers an occupier a prime city centre retail space with excellent window display area.

DIMENSIONS
The property has the following internal dimensions:

Ground floor retail space – 518.82sq.ft / 48.2sqm
Basement storage space – 305.70sq.ft / 28.4sqmTotal internal floor area: 824.52sq.ft / 85.6sqm

LEASE
The property is available on a new FRI lease with terms to be agreed, a minimum term of five years certain will be required by the landlord.

RENTAL
The property has an asking rental of £35,000 per annum exclusive

BUSINESS RATES
We are advised that the rateable value is £35,000 under the 2017 valuation, interested parties should contact the local council to confirm the rates payable and if they are eligible for any rates relief.

LEGAL COSTS
Each party will be responsible for their own legal costs in relation to this transaction

EPC
An EPC report is available for all interested parties to view on request.

VAT
May be chargeable on this transaction, interested parties must make their own enquiries to confirm.

VIEWING
Strictly by appointment with Landlords Sole Agents – PARSONS SON AND BASLEY