Lease Available - Realla
14 Southgate, Chichester PO19 1ES
Lease Available Lease Available Established Restaurant Premises Total Area: 76.83 sq m (827 sq ft)
Key Features • In the heart of the Cathedral City of Chichester • Busy retail and restaurant location • Nearby occupiers include Arties, The Rocking Horse and The Vestry Pub • Established restaurant premises for over 20 years • Total covers: 46 • Passing Rent £13,500 per annum exclusive • Premium offers are sought for our clients leasehold interest, good will and fixtures & fittings
Agency | Lease Advisory | Management | Valuation | Investment | Development
14 Southgate, Chichester PO19 1ES
Location The Cathedral City of Chichester is a historic and thriving administrative centre for West Sussex. The city 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 A3(M) M27 and M3 motorways. Gatwick Airport is located approximately 50 miles to the north east. Accommodation The accommodation is arranged as a ground and first floor restaurant providing a total of 46 covers. There is a kitchen and bar area on the ground floor and two WCs on the first floor. We have measured and calculate the accommodation to have the following approximate net internal floor area of 76.83 sq m (827 sq ft). EPC We understand this property is listed and therefore exempt from the provision of an EPC.
Terms The property is available by way of an assignment of the existing full repairing and insuring lease which is due to expire on 24 March 2022. The lease has security of tenure. The passing rent is £13,500 per annum exclusive and is subject to five yearly rent reviews with the next review due on 25 March 2017. A copy of the lease can be made available upon request. Premium offers are sought for our client’s leasehold interest, good will and fixtures and fittings. Further details on application. VAT Rents and prices are quoted exclusive of, but may be subject to VAT. Planning We understand that the premises benefit from A3 use within the Use Classes Order 1987 (as amended) and benefits from an on licence. Business Rates Rateable Value (2010): £9,500 Rateable Value (2017): £10,000 Legal Fees The assignee will be responsible for the assignor’s and landlord’s legal costs.
Flude Commercial | Chichester | West Sussex PO19 1ES
14 Southgate, Chichester PO19 1ES GOAD
Flude Commercial | Chichester | West Sussex PO19 1ES
14 Southgate, Chichester PO19 1ES Floor Plan
Ground Floor
Viewings and Further Information
First Floor
Please contact the sole agents Flude Commercial: Mary Jackson Email: [email protected] Telephone: 01243 819140 Sebastian Martin Email: [email protected]
Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property. Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues. We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and small business relief. 10 November 2016 AWAITING CLIENTS APPROVAL
Flude Commercial | Chichester | West Sussex PO19 1ES
Lease Available Lease Available Established Restaurant Premises Total Area: 76.83 sq m (827 sq ft)
Key Features • In the heart of the Cathedral City of Chichester • Busy retail and restaurant location • Nearby occupiers include Arties, The Rocking Horse and The Vestry Pub • Established restaurant premises for over 20 years • Total covers: 46 • Passing Rent £13,500 per annum exclusive • Premium offers are sought for our clients leasehold interest, good will and fixtures & fittings
Agency | Lease Advisory | Management | Valuation | Investment | Development
14 Southgate, Chichester PO19 1ES
Location The Cathedral City of Chichester is a historic and thriving administrative centre for West Sussex. The city 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 A3(M) M27 and M3 motorways. Gatwick Airport is located approximately 50 miles to the north east. Accommodation The accommodation is arranged as a ground and first floor restaurant providing a total of 46 covers. There is a kitchen and bar area on the ground floor and two WCs on the first floor. We have measured and calculate the accommodation to have the following approximate net internal floor area of 76.83 sq m (827 sq ft). EPC We understand this property is listed and therefore exempt from the provision of an EPC.
Terms The property is available by way of an assignment of the existing full repairing and insuring lease which is due to expire on 24 March 2022. The lease has security of tenure. The passing rent is £13,500 per annum exclusive and is subject to five yearly rent reviews with the next review due on 25 March 2017. A copy of the lease can be made available upon request. Premium offers are sought for our client’s leasehold interest, good will and fixtures and fittings. Further details on application. VAT Rents and prices are quoted exclusive of, but may be subject to VAT. Planning We understand that the premises benefit from A3 use within the Use Classes Order 1987 (as amended) and benefits from an on licence. Business Rates Rateable Value (2010): £9,500 Rateable Value (2017): £10,000 Legal Fees The assignee will be responsible for the assignor’s and landlord’s legal costs.
Flude Commercial | Chichester | West Sussex PO19 1ES
14 Southgate, Chichester PO19 1ES GOAD
Flude Commercial | Chichester | West Sussex PO19 1ES
14 Southgate, Chichester PO19 1ES Floor Plan
Ground Floor
Viewings and Further Information
First Floor
Please contact the sole agents Flude Commercial: Mary Jackson Email: [email protected] Telephone: 01243 819140 Sebastian Martin Email: [email protected]
Flude Commercial for themselves and for the vendors or lessors of this property whose agents they are give notice that: i) these particulars are set out in good faith and are believed to be correct but their accuracy cannot be guaranteed and they do not form any part of any contract; ii) no person in the employment of Flude Commercial has any authority to make or give any representation or warranty whatsoever in relation to this property. Please note that whilst we endeavour to confirm the prevailing approved planning use for properties we market, we can offer no guarantees in this regard. Planning information is stated to the best of our knowledge. Interested parties are advised to make their own enquiries to satisfy themselves in respect of planning issues. We advise interested parties to make their own enquiries to the local authority to verify the above and the level of business rates payable in view of possible transitional arrangements and small business relief. 10 November 2016 AWAITING CLIENTS APPROVAL
Flude Commercial | Chichester | West Sussex PO19 1ES
