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

Offers in Region of
£1,435,000

£463.35 per sq ft

Business rates & charges may apply

Flude Property Consultants, Chichester
SIZE AVAILABLE

3,097 sq ft

288 sq m

SECTOR

High street retail property for sale

Photo 47
1

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
  • Freehold, subject to the tenancy
  • Guide Price of £1,435,000, which reflects a NIY of 7.50% after usual purchasers costs of 6.80%
  • Nearby occupiers include Mountain Warehouse, The Ivy, Mint Velvet, HSBC, Franco Manco, Fat Face, M&S and Superdrug
  • Whilst it is our clients intention is to hold and develop out the upper parts for residential use, consideration would be given to dispose of this element as well providing a fully intact freehold

Description

The property comprises an attractive and prominent Grade II Listed building arranged over four storeys, plus a basement. The retail unit is configured over the ground floor, basement and part first floor.

Brochures

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

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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 Commercial is an 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 7261FH. 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.

Map data ©OpenStreetMap contributors.

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