Map View
Sold on 13/12/2021
£1,815,000 (Subject to Contract and Exclusive VAT)
The Cathedral City of Chichester is an attractive, historic and thriving retail centre. It is the County Town for West Sussex and lies approximately 68 miles (109km) south-west of London and 32 miles (52km) west of Brighton. Chichester benefits from excellent road communications being situated close to the A27 dual carriageway which links the city with Brighton to the east and Portsmouth to the west. The A3, approximately 13 miles (21km) to the west provides fast and direct access to London and the M25 motorway. Chichester is served by a frequent local and mainline railway providing services to London Victoria (1 hour 30 minutes), as well as Southampton and Brighton. London Gatwick Airport is located approximately 44 miles (71km) to the north-east.
Located in a 100% prime retailing pitch on Chichester’s pedestrianised East Street, the property is situated in close proximity to its’ intersection with North Street which is considered the most desirable location within the city centre. National retailers nearby include Mark & Spencer, NatWest, Lloyds Bank, Superdrug, Pret a Manger, Fat Face, Joules, HSBC, Jigsaw, Mint Velvet and Pandora.
Comprising large and regular floorplates and arranged overground, first and second floors, the unit is considered a relative rarity in Chichester which lacks larger store opportunities. The subject property is not listed but does sit within Chichester’s conservation area.
£135,000 per annum per annum exclusive
Freehold
7% Net Initial Yield
Partner | Investment
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