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30 Southgate, Chichester, West Sussex, PO19

£6,250 pcm
£75,000 pa

£17.41 per sq ft

Business rates & charges may apply

Flude Property Consultants, Chichester
SIZE AVAILABLE

4,308 sq ft

400 sq m

SECTOR

Restaurant to lease

Lease details

Lease available date:
Ask agent

Key features

  • Chichester is a busy and attractive Cathedral city
  • Central position close to public car parks, bus and rail stations
  • Previous fixtures and fittings have been left
  • Restaurant provides over 100 covers
  • Some outside seating at the front
  • New FRI lease available
  • Rent £75,000 pax
  • Nearby occupiers nearby include Zizi, The Vestry, Wagamama, Cote and Trents Pub

Description

Description

The property comprises a three storey Grade II* Listed building.

Internally, the ground floor provides a well configured open plan restaurant area providing around 60 covers and bar area, together with storage, kitchen, and disable WC. The first floor offers a further restaurant seating for around 44 covers, kitchen/prep area, storage, and WC's. The second floor offers more storage, but was likely previous a mangers flat.

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 eastern side of Southgate at its junction with South Street, which is one of the principal retailing streets in the city. Nearby occupiers include Zizi, The Vestry, Wagamama, Cote and Trents Pub.

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.

Existing Premises Licence which can be transferred over (Sale of Alcohol between 9am and midnight).

VAT

We understand the property is registered for VAT.

Accommodation

We have measured, and understand the premises to have the following approximate:


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 B.

Legal Fees

Each party to bear their own legal costs incurred.

Brochures

30 Southgate, Chichester, West Sussex, PO19

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chichester Station0.1 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

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