3 Baffins Court, Baffins Lane, Chichester, West Sussex, PO19

Description

Well Located Class E Premises
Size - 393 sq ft

Location

Chichester is an attractive cathedral city, and the county town of West Sussex. It is conveniently located along the A27 south coast trunk road, and lies approximately 15 miles to the east of Portsmouth and 30 miles west of Brighton. A mainline railway service to London reinforces commerce.

The premises is located on Baffin's Lane, which is close to East Street, the main retailing street in Chichester. Car parks close by include the Cattle Market car park with 800+ spaces, Baffin's Lane car park with 86 spaces and East Pallant & Cawley Priory car parks with 240+ spaces.

Nearby occupiers include: The Urban Alchemist Hair Salon, Boston Tea Party, Henry Adams, New Look and Café Nero.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

Interested parties should make their own planning enquiries and satisfy themselves in this regard.



VAT

We understand that the property is not elected for VAT.

Accommodation

The premises comprises an open plan retail unit with an approximate NIA of 393 sq ft.


Business Rates / Council Tax Band

Rateable Value (2023): £20,000.

All occupied retail, hospitality & leisure properties receive a 75% discount until 31st March 2025. Subject to annual cash cap of £110,000 per business and qualifying use.

Interested parties should make their own enquiries to satisfy themselves of their business rates liability.

EPC

We understand the property has an EPC rating of C.

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The property is available to let by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a commencing rent of £17,500 per annum exclusive.