To Let
Ground Floor,
68 North Street,
Chichester,
West Sussex,
PO19
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Retail and Leisure, D1 and Other
1,056 - 1,244 Sq Ft (98.1 - 115.57 Sq M)
- Chichester is a busy and attractive Cathedral city
- Open plan retail space
- Open plan sales areas with storage of 188 sq ft
- Rent £35,000 pax
- New FRI lease available (subject to obtaining vacant possession)
- Nearby occupiers nearby include Caffe Nero, Comics Games & Coffee, Luckes Bistro, L'Occitane and Marks & Spencer
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.
The shop occupies a prominent location on the eastern side of North Street which is one of the principal retailing streets in the city. Nearby occupiers nearby include: Caffe Nero, Comics Games & Coffee, Luckes Bistro, L'Occitane and Marks & Spencer.
Description
Ground Floor Class E Premises
Sales Area - 1,056 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 a WC.
The accommodation has the following approximate floor areas:
Sales Area - 1,056 sq ft
Storage - 188 sq ft
Total - 1,244 sq ft
Net frontage - 2.96 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
We understand the 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 (subject to obtaining vacant possession) for a term to be agreed at a commencing rent of £35,000 per annum exclusive.
Rateable Value / Council Tax Band
Rateable Value (2023): £33,500
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.