13 North St | Chichester PO19 1LB
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13 North St
Chichester PO19 1LB
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Good frontage
- Good location
- Income producing
- High levels of passing trade
EXECUTIVE SUMMARY
The property consists of a four storey retail premises comprising ground floor retail space and offices and consulting rooms to upper parts and offers a freehold investment opportunity.
The property is let to Randox Laboratories by way of a 5 year fully repairing and insuring lease from 30 June 2022 with a tenant break option as at 30 June 2025 which has been exercised.
The property is also available as part of a portfolio sale comprising of 9 properties with a combined income of £552,562 with opportunity to increase to £610,062 pa. The portfolio is available to purchase for £7,500,000.
The property is let to Randox Laboratories by way of a 5 year fully repairing and insuring lease from 30 June 2022 with a tenant break option as at 30 June 2025 which has been exercised.
The property is also available as part of a portfolio sale comprising of 9 properties with a combined income of £552,562 with opportunity to increase to £610,062 pa. The portfolio is available to purchase for £7,500,000.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
2,478 SF
Building Class
B
Year Built
1880
Price
$738,186
Price Per SF
$297.90
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Frontage
13’ on 13 North Street
AMENITIES
- Storage Space
1 of 3
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