40 East Street,
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D1 and Other, Offices, Retail and Leisure
1,140 Sq Ft (105.91 Sq M)
Chichester is an attractive Cathedral City, and the county town of West Sussex.
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, Boston Tea Party, Next, H&M and New Look.
Prime City Centre Retail Unit
Sales Area 106 sq m (1,140 sq ft)
The property comprises an attractive mid-terraced Grade II Listed building arranged over three floors and an attic. Internally, the ground floor provides
an open plan retail area with offices and storage above.
The property has the following approximate NIA:
Floor - Description - sq m - sq ft
Ground - Sales Area - 106 sq m (1,140 sq ft)
First - Office/Storage - 36 sq m (391sq ft)
Second - Office/Storage - 28 sq m (304 sq ft)
Attic - Storage - 18 sq m (194 sq ft)
Total NIA - 190 sq m (2,028 sq ft)
We understand that the premises benefits from Class A1 use under the Town & Country Planning (Use Classes) Order 1987, as amended.
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.
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 full repairing and insuring lease for a term to be agreed at a rent of £42,500 per annum exclusive.
Rateable Value / Council Tax Band
Rateable Value (2017): £53,000.
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 has an EPC rating of D(83).