3 Baffins Court, Baffins Lane, Chichester, West Sussex, PO19

Description

The subject property comprises a ground floor retail unit providing an open-plan sales area, with a WC located to the rear. The premises are suitable for a variety of uses falling within Use Class E.

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.

The premises is located on Baffin's Lane, which is close to East Street, the main retailing street in Chichester. Car parks close by include the Cattle Market car park with 800+ spaces, Baffin's Lane car park with 86 spaces and East Pallant & Cawley Priory car parks with 240+ spaces.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. 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 Order.

VAT

We understand that the property is not elected for VAT.

Accommodation

The accommodation has the following approximate Net Internal Area (NIA):

Business Rates / Council Tax Band

Rateable Value (2023): £20,000.

All occupied retail, hospitality & leisure properties receive a 75% discount until 31st March 2025. Subject to annual cash cap of £110,000 per business and qualifying use.

Interested parties should make their own enquiries to satisfy themselves of their business rates liability.

EPC

We understand the property has an EPC rating of C-63.

Legal Fees

Each party to bear their own legal costs incurred.