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42 South Street And 1 Old Market Avenue 2 Properties Offered at $1,650,000 in Chichester

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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.

PROPERTY FACTS

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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  • Listing ID: 37689743

  • Date on Market: 9/16/2025

  • Last Updated:

  • Address: 42 South Street And 1 Old Market Avenue, Chichester, WSX

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