The Cathedral City of Chichester is located approximately 65 miles south west of London, 15 miles east of Portsmouth and 30 miles west of Brighton. The city has excellent road communications being situated on the A27 dual carriageway which runs east to Worthing and Brighton and west to Portsmouth and Southampton where it connects with the A3(M), M27 and M3 motorways. Chichester Trade Centre is located on the northern side of the A27, a short distance from Chichester city centre and is an established trade counter location.
Well presented trade counter unit comprising an end of terrace steel portal framed building with clear span floor space benefiting from a glazed frontage and return. Internally the unit has a minimum eaves height of 5.90 m, rising to 6.43 m at the apex. There are wc facilities at the rear of the unit. There is a loading door which measures 4.00 m wide by 3.52 m high. The tenant has turned the loading door into a glazed customer entrance. Externally the unit benefits from five dedicated parking spaces to the front. The approximate gross internal area is 313.73 sq m (3m388 sq ft).
The property is available to let by way of a new full repairing and insuring lease for a term of 10 years at a commencing rent of £46,000 pax.
The premises benefit from a Class B8 use with 40% floor space permitted for ancillary retail sales under the Town & Country Planning (Use Classes) Order 1987, as amended.
The tenant will pay a service charge contribution towards the Landlord's expenses in relation to buildings insurance, utilities, car park maintenance, ground maintenance, external decorations and associated costs.
The property is registered for VAT.
Rateable value (2017): £34,500
Each party to bear their own legal costs incurred.