To Let

31-32 East Street,
Chichester,
West Sussex

Back to Results

Retail and Leisure

1,692 Sq Ft (157.19 Sq M)

1 of 8
Download Marketing Details
Features
  • Chichester is an affluent and thriving retail centre
  • Located on primary retail street in Chichester
  • Basement storage 270 sq ft
  • Open plan sales area
  • New FRI lease available
  • Rent £57,500 pax
  • Nearby occupiers include Space NK, The Entertainer, The Body Shop, Whitewall Galleries, Superdrug. Fat Face, Joules, Pret, Montezuma's and M&S

Location

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.

Chichester City Centre is a vibrant and attractive retail centre. The retail on offer in Chichester is concentrated within the city walls and is focused along two main shopping axes namely North Street/South Street and East Street/West Street; these intersect at the Market Cross.

The property is situated on the North side of East Street, nearby occupiers include Space NK, The Entertainer, The Body Shop, Whitewall Galleries, Superdrug. Fat Face, Joules, Pret, Montezuma's and M&S

Description

Well Presented Prime Retail Unit
Ground Floor Sales Area: 157.20 sq m (1,692 sq ft)

Accommodation

The accommodation forms part of a Grade II Listed building and comprises a self-contained retail unit with ancillary staff accommodation, storage at basement level and access to the rear.

We have measured and calculate the accommodation to have the following approximate Net Internal Area (NIA):

Description sq m sq ft
Ground Floor Sales 157.20 1,692
Basement Ancillary 25.12 270
Total NIA 189.60 2,041

Gross Frontage 7.59 24, 11
Net Frontage 25.12 22, 10
Internal Width 189.60 22, 10

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.

Interested parties should make their own planning enquiries and satisfy themselves in this regard.

VAT

We understand this property is registered for VAT.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

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 £57,500 per annum exclusive.

Rateable Value / Council Tax Band

Rateable Value (2017): £96,000.

Currently, all occupied retail, hospitality, & leisure properties receive a 66% on rates payable until 31st March 2022. Following the Government's latest budget, it has been confirmed that there will be a 50% discount from 1st April 2022 until 31st March 2023.

Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).

Energy Performance Rating

We understand the property has an EPC rating of C (58).

Mary Jackson

023 9262 9012 Email