19 Southgate, Chichester, West Sussex, PO19 1ES

Description

The property comprises a substantial Class E premises arranged over two floors. Internally, the ground floor provides open-plan retail accommodation, with ancillary space located on the first floor.

Location

The cathedral city of Chichester is a prosperous and historic market town located in West Sussex, approximately 68 miles south-west of London, 17 miles east of Portsmouth and 34 miles west of Brighton. It is the only city in West Sussex and is the County Town.

The shop occupies a prominent position on the western side of Southgate and benefits from strong levels of pedestrian footfall and vehicular traffic.

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 Classes Order 2020.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

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

Sales Area - 4,047 sq ft
Ancillary - 2,696 sq ft

Business Rates / Council Tax Band

Rateable Value (2023): £59,000.

Following the Government's latest budget, all occupied retail, hospitality & leisure properties receive a 40% discount from 1st April 2025 until 31st March 2026. Subject to annual cash cap of £110,000 per business and qualifying use.

EPC

We understand the property has an EPC rating of C - 60.

Legal Fees

Each party to bear their own legal costs incurred.