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Investment Highlights
- Central Business District location close to public car parks, bus and railway stations, retail and restaurants
- Modern four storey building that has undergone refurbishment throughout
- Third Floor benefits from large terrace overlooking Cathedral and formerly residential
- Fully Let with WAULT of 6 years (expiry of leases)
- EPC ratings of B and C (with ability to upgrade C to B)
- Chichester is a busy and attractive Cathedral city
Executive Summary
This central business district mixed-use building comprises a ground floor restaurant with three upper floors of high-quality E Class accommodation. The building has been thoughtfully refurbished throughout and is well-suited for a variety of occupiers seeking open-plan, flexible workspace in a vibrant setting.
Ground Floor - The Fat Fig
The ground floor is currently occupied by a well-presented restaurant, offering excellent street frontage and strong footfall.
First Floor Offices - Linn Systems
The first-floor offices are predominantly open plan, with several partitioned meeting rooms offering flexibility for collaboration or private use. This self-contained floor includes its own dedicated kitchen, male and female WC facilities, and benefits from direct lift access.
Second Floor - Lano Yoga Studio
Similar in layout to the first floor, the second-floor offices offer largely open-plan workspace. This level shares many of the same modern amenities, ensuring a consistent standard throughout the building.
Third Floor Offices - Flude Property Consultants
The third floor has recently undergone significant refurbishment, providing high-standard finishes including new kitchen facilities, upgraded WC accommodation, and new flooring. This floor benefits from excellent natural light and a modern, professional feel together with substantial terrace looking out over the city scape and cathedral.
Ground Floor - The Fat Fig
The ground floor is currently occupied by a well-presented restaurant, offering excellent street frontage and strong footfall.
First Floor Offices - Linn Systems
The first-floor offices are predominantly open plan, with several partitioned meeting rooms offering flexibility for collaboration or private use. This self-contained floor includes its own dedicated kitchen, male and female WC facilities, and benefits from direct lift access.
Second Floor - Lano Yoga Studio
Similar in layout to the first floor, the second-floor offices offer largely open-plan workspace. This level shares many of the same modern amenities, ensuring a consistent standard throughout the building.
Third Floor Offices - Flude Property Consultants
The third floor has recently undergone significant refurbishment, providing high-standard finishes including new kitchen facilities, upgraded WC accommodation, and new flooring. This floor benefits from excellent natural light and a modern, professional feel together with substantial terrace looking out over the city scape and cathedral.
Property Facts
| Price | $1,650,000 | Number of Properties | 2 |
| Price / SF | $200.56 / SF | Individually For Sale | 0 |
| Cap Rate | 8.57% | Total Building Size | 8,227 SF |
| Sale Type | Investment | Total Land Area | 0.08 AC |
| Status | Active |
| Price | $1,650,000 |
| Price / SF | $200.56 / SF |
| Cap Rate | 8.57% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,227 SF |
| Total Land Area | 0.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1 Old Market Ave, Chichester PO19 1SP | Office | 6,081 SF | 1973 | - |
| 42 South St, Chichester PO19 1DR | Retail | 2,146 SF | 1960 | - |
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42 South Street And 1 Old Market Avenue
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