Under Offer
39 South Street,
Chichester,
West Sussex,
PO19
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Retail and Leisure, D1 and Other
503 Sq Ft (46.73 Sq M)
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.
What3words: lasted.cycles.tone
Description
Well Located Versatile Premises
Total size 503 sq ft (46.74 sq m)
Accommodation
The property has the following approximate NIA on the ground floor:
Sales 37.92 sq m 408 sq ft
Kitchen 8.82 sq m 95 sq ft
Total 46.75 sq m 503 sq ft
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 that the property is not elected 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 for a term to be agreed at a commencing rent of £1,210 pcm exclusive.
Rateable Value / Council Tax Band
Rateable Value (2023): £23,000
Following the Government's latest budget, it has been confirmed that Retail, Hospitality and Leisure Business Rates Relief scheme will provide eligible, occupied retail, hospitality and leisure properties with a 75% relief, up to a cash cap limit of £110,000 per business for applicable chargeable days from 1 April 2023 to 31 March 2025.
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 B (46)