St James Industrial Estate, Westhampnett Road, Chichester, West Sussex, PO19

Description

Brand new 8m-10m eaves warehouse/light industrial units

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.

St James Industrial Estate sits at the eastern side of Chichester less than 0.5 miles from the A27 arterial road, which leads East to Worthing, and the A24
and Brighton and the M23/M25. Heading West the A27 provides commerce to Portsmouth and Southampton, via the M27.

Chichester train station is 1 mile south west and provides services to Portsmouth, Southampton, Brighton, Gatwick Airport and London.

A bus stop is immediately in front of the estate, providing links across the city and wider area.

Nearby occupiers include Rolls Royce, The Goodwood Estate, John Lewis and Lidl.

Planning

We understand the units benefit from consent for Eg(ii), E(g)(iii), and B8 uses, formally known and B1(b) and B1(c).

No outright retail or motor trade uses permitted.


VAT

We understand the property is registered for VAT.

Accommodation

St James Industrial Estate was redeveloped in 2022, opening in 2023, which included demolition of the previous buildings, and construction of 47,877 sq ft of new Eg(ii), E(g)(iii), and B8 uses. Comprising of four separate blocks, the available units are situated in Block 1, with individual units ranging from 2,293 sq ft
to 2,583 sq ft with min eaves of 8.15m and max of 10.07m.

Built to modern specifications, the units benefit from up & over roller shutter doors 4.07m (w) x 5.29m (h), min eaves of 8.15m and max eaves of 10.07m, concrete floors, 3 phase power, LED lighting and W/Cs.

Allocated parking is available on site as well and further parking available in an overflow/visitors area.

The accommodation has the following approximate floor areas (GIA):

1A 213 2,293 - Available
1B 213 2,293 - Available
1C 213 2,293 - Available
1D 213 2,293 - Available
1E 240 2,583 - Available
1F 240 2,583 - Available
1G 213 2,293 - UNDER OFFER
1H 213 2,293 - Available
1J 213 2,293 - Available
1K 213 2,293 - LET

It is possible to combine multiple units offering lager accommodation to suit occupiers needs.


Business Rates / Council Tax Band

Units 1A - 1D - £29,000 each
Units 1E & 1F: £32,750 each
Unit 1G - 1K: £29,000 each

Occupiers should make their own investigations into their business rates liability but using the 23/24 multiplier, most occupiers will pay approx 49.9% of the rateable value, per annum.

EPC

We understand the properties have EPC ratings of B.

Individual EPCs can be found online on the non-domestic EPC register, or are available upon request.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The units are available to let by way of a new (effectively) full repairing and insuring leases for lease terms to be agreed at quoting rents of;

Units 1A - 1D: £30,000pax each
Units 1E & 1F: £33,500pax each
Units 1G - 1K: £30,000pax each

The service charge is approximately £1psf per annum

Building insurance is approx £400-£500 per unit per annum. Exact figures for each unit are available upon request.

Anti Money Laundering Regulations 2017

Anti-Money Laundering Regulations 2017 Due to Government legislation we are legally obliged to undertake Anti-Money Laundering checks on prospective purchasers on transactions which involve a capital value of 15,000 euros or more. We are also required to request proof of funds. Further information available on request.