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26 Chapel Street,
Offices, D1 and Other, Retail and Leisure
781 Sq Ft (72.55 Sq M)
The Cathedral City of Chichester is a historic and thriving administrative centre for West Sussex. The city is located approximately 65 miles south west of London, 15 miles east of Portsmouth and 30 miles west of Brighton.
By rail, there are frequent services to London Victoria (1 hour 30 minutes). As a result, Chichester is a popular commuter location for those working in London's City and West End, which has strongly benefited the local economy.
Chapel Street is in a central location in the heart of the business district of the city. The street runs parallel with North Street one of the main retailing streets of Chichester and has a junction to the south with West Street by the current Post Office and the Cathedral. The subject property lies on the eastern side of the street.
Attractive town centre offices with parking
Sq m 72.56 (781 sq ft)
The property comprises a two storey office building with the accommodation arranged over the ground and first floors. Each floor is independently occupied. The first floor is approached via single set of stairs and is currently arranged as three well sized, separate offices. The property benefits from a self contained kitchen along with male and female w/c's and is due to be refurbished throughout to include new carpets, LED lighting, heating and general redecoration.
Externally there is car parking for four vehicles with the possibility of eight spaces spaces when tandem parked.
We have measured and calculate the accommodation to have the following approximate Net Internal Area (NIA): Sq m 72.56 (781 sq ft)
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.
The property is not elected for VAT and therefore VAT is not payable on the rent.
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 £15,750 per annum exclusive.
The rent includes parking spaces for approx 8 cars in four double bays.
Rateable Value / Council Tax Band
Rateable Value (2017): £10,500
Future Rateable Value (April 2023): £13,000
As the rateable value falls between £12,000 & £15,000, occupiers may be entitled to some Small Business Rate relief, which can range from 92% to 8%. Interested parties should make their own enquiries to satisfy themselves of their business rates liability.
Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (firstname.lastname@example.org).
Energy Performance Rating
Energy Performance Certificate (EPC) rating: D
For further information or to arrange a viewing please contact Flude Commercial on 01243 819000 or via email to email@example.com