A three storey building with brick faced elevations under a pitched roof. The upper parts are in residential use and have been "sold off" on a long lease.
( Agency Pilot Software ref: 31736 )
Location
Chichester is an attractive, historic Cathedral city located on the south coast of England. It benefits from a catchment population of 256,000, with an above average proportion of adults categorised within the most affluent A, B & C social grouping. There is a buoyant tourism sector, Chichester Cathedral, the Roman walls and Chichester Harbour as well as the world famous hexagonal Chichester Festival Theatre. The city also has access to popular beaches and the South Downs National Park.
Accommodation
Ground Floor 1,475 sq ft (137 sq m )
Ground Floor Ancillary at rear 440 sq ft (41 sq m )
TOTAL 1,915 sq ft (178sqm )
Terms
EPC The property has an EPC rating of B.
VAT The property is registered for VAT and it is expected that the sale will be by way of a TOGC.
PROPOSAL Offers are invited in excess of £645,000. A purchase at that level will show a yield of 9% after allowing normal purchaser’s costs.