Lower Ground Floor Restaurant, Chichester

£14000 per annum

Retail /

1,225 sq ft

Features

  • Affluent thriving retail centre
  • 60 internal covers
  • Separate fitted kitchen with cold store
  • Bar area
  • Patio area providing further covers
  • EFRI lease available to 7 August 2023
  • Existing fixtures and fittings available
Location

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 property is located on St Pancras which is a short walk from Chichester city centre

Description

The accommodation is on the lower ground floor and is configured as a restaurant providing around 60 covers. There is a bar area, kitchen, wc facilities and storage rooms. There is also an external patio area which can accommodate further covers. The accommodation is calculated to have an approximate GIA of 114 sq m (1,225 sq ft). EPC - D

Terms

The property is available by way of an assignment of the existing effectively full repairing and insuring lease due to expire on 7 August 2023. The passing rent of £14,000 per annum exclusive is subject to four yearly rent reviews with the next review due on 7 August 2019. The lease has security of tenure. A copy of the lease can be made available upon request

Planning

The premises benefit from a Class A3 use within the Use Classes Order 1987 (as amended)

Share this property:
Service Charge

There is a service charge for the building

VAT

The property is registered for vat

Rateable Value

Rateable Value (2017): £12,500

Legal Costs

Each party to bear their own legal costs incurred

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