To Let
65 South Street,
Chichester,
West Sussex,
PO19
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Retail and Leisure, D1 and Other
831 - 1,119 Sq Ft (77.2 - 103.96 Sq M)
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 location on the eastern side of South Street which is one of the principal retailing streets in the city. Nearby occupiers nearby include Blacks, Crew Clothing, White Stuff, Moss Bros and Cote.
Description
Class E Premises
Sales Area - 831 sq ft
Accommodation
The accommodation forms part of a three storey Grade II Listed building.
Internally, the ground floor is arranged as a self-contained retail unit which provides open plan retail space. To the rear is storage accommodation with a kitchenette and WC. The units benefits from rear access.
The accommodation has the following approximate floor areas.
Sales Area - 831 sq ft
Ancillary - 287 sq ft
Total - 1,119 sq ft
Net Frontage - 4.81 m
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
Rents and prices are quoted exclusive of, but may be subject to 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 £40,000 per annum exclusive.
Rateable Value / Council Tax Band
Rateable Value(2023): £42,750.
Following the Government's latest budget, it has been confirmed that there will be a 75% discount until 31st March 2025. Subject to annual cash cap of £110,000 per business and qualifying use. Interested parties should make their own enquiries to satisfy themselves of their business rates liability.
Energy Performance Rating
We understand the property has an EPC rating of C.