31-33 South Street, Chichester, PO19 1EL

Description
A triple frontage mid terrace property of brick construction with glazed ground floor elevations with office space above under a pitched tile roof (office not included).

Internal Description
An open plan ground floor commercial restaurant space with features including an prominent bar servery to the front, pizza kitchen and multi-tiered dining areas. There are approximately 160 seated covers available throughout.
The interior has been professionally designed and finished to a high standard and is in turn-key condition.
Ancillary space includes preparation kitchen, wash-up room, walk-in-fridge, office, staff room and cold-room. Located to the other side of the property are 2 x customer WCs, accessible WC and two large vaulted ceiling plant and storage rooms.

Location
The property occupies a sought-after location in the cathedral city of Chichester on South Street, a well-known retail and eating and drinking area. Hospitality operators nearby include Wagamama, Pizza Express, with Tesco Express close by.

Availability_text
The accommodation comprises the following areas:

Licensing
The property has been granted a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises is permitted to sell alcohol until 23:00 hrs.

Tenure
Leasehold with an expiry 2041. The current passing rent is £90,000 per annum exclusive. Full details are available upon request.

Fixtures & Fittings
Fixtures and fittings can be included by way of a premium agreement and comprise loose tables, chairs, booth seating and an excellent wood fire pizza oven. Branded items will not be included.

Energy Performance Certificate
The property has an EPC Rating of A-25.

Rateable Value
The subject property is entered in the 2023 Central Rating List with a Rateable Value of £79,000. In England & Wales the Small Business Multiplier is £0.499 / Higher Multiplier is £0.512. Please check with the VOA for the most up to date information on all rating matters.

VAT
All figures quotes are exclusive of VAT.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all Purchasers (including Agents). Prospective tenants will need to provide proof of identity and residence.

Viewings
Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the sole agent Savills. Under no circumstances should any direct approach be made to any of our clients staff.