Investment.

Chichester.

18 North Street, PO19 1LB

Map View

Status.

Sold on 01/10/2017

Accommodation.

Ground Floor 100 sq ft 9.29 sq m
first floor 100 sq ft 9.29 sq m

Price.

£2,715,000

Location.

The cathedral city of Chichester is a busy historic retailing and tourist hub situated on the south coast of England in the county of West Sussex. The city forms the principal settlement within a large, predominantly rural district and lies alongside the A27 trunk road, which stretches across the south coast from Eastbourne to the M27 north of Portsmouth. It is located approximately 68 miles (109km) south west of London, 17 miles (27km) east of Portsmouth and 34 miles (55km) west of Brighton. Communications are excellent with the town located adjacent to the A27 dual carriageway linking Brighton to the east and Portsmouth to the west. In addition, the A3 provides excellent access to London and the UK’s motorway network. By rail, there are frequent trains to London (Victoria) in a fastest journey time of 1 hour 30 minutes. As a result, Chichester is a popular commuter location to those working in London.

Description.

The Premises form part of a terrace of retail units situated on the western side of North Street. The subject property comprises a single let retail unit arranged over basement and ground floor. There is self-contained residential accommodation on the upper floors.The majority of the ground floor is fitted for sales purposes and for its own benefit has are regularly configured shape, something unusual for prime Chichester. To the rear are WC facilities and an alternative means of fire escape/loading access abutting a shared yard which inturn abuts Chapel Street. The three upper floors comprise five self-contained residential flats accessible from Chapel Street, which runs parallel with North Street.

Rent.

£100,000.00 per annum exclusive

Tenant(s).

tenant name

Tenure.

Freehold

Yield.

4.25%

Share.

All viewings are strictly by prior appointment.

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson