Investment.

Chichester.

7/8 East Street, PO19 1HE

Map View

Status.

Available

Accommodation.

Ground Floor Sales 3,931 sq ft 365.33 sq m
Ground Floor ITZA 1,441 sq ft 133.92 sq m
Ground Floor Ancillary 371 sq ft 34.48 sq m
First Floor Ancillary 4,212 sq ft 391.45 sq m
Second Floor Ancillary 533 sq ft 49.54 sq m

Price.

£1,815,000 (Subject to Contract and Exclusive VAT)

Location.

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.

Description.

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.

Rent.

£135,000 per annum per annum exclusive

Tenure.

Freehold

Yield.

7% Net Initial Yield

Share.

All viewings are strictly by prior appointment.

Harry Jeffery.

Surveyor | Agency

Patrick Over.

Associate Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

Aberdeen Standard

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

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