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14-15 East Street, Chichester, West Sussex, PO19 1HE

Offers in Region of
£2,015,000

£356.51 per sq ft

Business rates & charges may apply

Flude Property Consultants, Chichester
SIZE AVAILABLE

5,652 sq ft

525 sq m

SECTOR

High street retail property for sale

Floor PlansFloor Plans
3

Key features

  • Chichester is a busy and attractive Cathedral city
  • Strong retail centre with limited vacancies and good occupier demand
  • 100% prime position on East Street close to the Market Cross
  • Well configured retail unit recently let to Holland and Barrett Retail Limited (D&B Rating 5A 2)
  • Rebased rent of £115,000 pa, but opportunities for further rental growth in Chichester
  • Planning on going for the conversion of the first and second floors to create two further flats
  • Third floor vacant 2 bedroom flat
  • Freehold, subject to the tenancies
  • Guide Price of £2,015,000, which reflects a NIY of 7% after usual purchases costs of 6.80% on the retail unit and £475,000 for the uppers
  • Nearby occupiers include Mountain Warehouse, The Ivy, Mint Velvet, HSBC, Franca Manco, Fat Face, M&S and Superdrug

Description

Prime High Street Retail Investment with Development Potential
Total Size - 525 sq m (5,652 sq ft)

Brochures

14-15 East Street, Chichester, West Sussex, PO19 1HE

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chichester Station0.4 miles
  • Fishbourne Station1.6 miles
  • Bosham Station3.0 miles

About Flude Property Consultants, Chichester

1 Old Market Avenue, Chichester, West Sussex, PO19 1SP
Industry affiliations:Industry affiliation logo 0

Flude Property Consultants is a regional independent firm of Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors (RICS) who specialise in advising clients with commercial property interests.

Our main areas of expertise are commercial property agency, lease advisory (rent reviews, lease renewals and lease re-gears), property management, valuation, rating, investment and development property.

We are a commercially minded practice who understand the needs and pressures of business.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3928FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Flude Property Consultants, Chichester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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