37 East Street,
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D1 and Other, Offices, Retail and Leisure
392 Sq Ft (36.42 Sq M)
Chichester is an attractive cathedral city, and the county town of West Sussex. It is conveniently located along the A27 south coast trunk road, and lies approximately 15 miles to the east of Portsmouth and 30 miles west of Brighton. A mainline railway service to London reinforces commerce.
The building is located on the northern side of East Street, which is one of the principle retailing streets in the city centre, close to its junction with Little
London. Nearby occupiers include TK Maxx, Café Nero, Next, H&M and New Look.
Well Located Retail Unit
Sales Area 36.42 sq m (392 sq ft)
The property comprises a three storey end of terraced Grade II Listed building with the subject accommodation arranged over the ground floor and basement.
The property has the following approximate NIA:
Area Sq M Sq Ft
Sales Area 36.4 392
Basement 34.5 372
Total 70.9 764
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.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
We understand the property is registered for VAT.
Each party to bear their own legal costs incurred.
The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £32,500 per annum exclusive.
The service charge is £1,707.24 per annum and the building insurance is £728.73 per annum.
Rateable Value / Council Tax Band
Rateable Value (2017): £42,750.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (email@example.com).
Energy Performance Rating
We understand the property to have an EPC rating of D (86).