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Magnus Court St Martins St 1,631 SF 100% Leased Retail Building Chichester PO19 1AF For Sale
INVESTMENT HIGHLIGHTS
- Head lease for sale with seven sub leases
- Ground floor retail is peppercorn rent
- Two x 1 bedroom flats and 4 x 2 bedroom flats, plus commercial ground floor element
EXECUTIVE SUMMARY
The property was constructed in 2007, and comprises a mixed use investment over ground, first and second floors. The two upper floors comprise six residential apartments, which are accessed from a ground floor entrance on the west side of building; from St Martins Street. All flats are sold off as sub-leases and and produce ground rent income. The ground floor retail space is configured as two self-contained shops, again both sold off as sub-leases.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
1,631 SF
Building Class
B
Year Built
2007
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
AMENITIES
- Energy Performance Rating - C
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NEARBY MAJOR RETAILERS
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MATTERPORT 3D EXTERIOR
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Magnus Court | St Martins St
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