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Investment Highlights

  • Easy access to A27 south trunk road
  • On site parking for 20 vehicles (10 per building), with the possibility of more by prisoner parking
  • Central location within walking distance of city centre, parking, train and bus stations

Executive Summary

Chichester is an historic and thriving administrative centre for West Sussex. The city is located approximately 65 miles south west of London, 15 miles east of Portsmouth and 30 miles west of Brighton. The subject accommodation is situated in Southern Gate Office Village, off Terminus Road, a short 10 minute walk from the the city's main shopping area. The bus, train station and multi-storey car park are located within a five minute walk, with train services running to Southampton, Portsmouth, Brighton, Gatwick Airport and London.

2 Units Available

  • Unit
  • Unit Size
  • Unit Use
  • Price
  • NOI
  • Unit 2
  • 4,924 sq ft
  • Office
  • £1,250,000 (£253.86/sq ft)
  • -
Sale Type Owner Occupier
Tenure Freehold
Description
Brand New City Centre Office Accommodation with Parking
Sale Notes
The subject accommodation is available to let as a whole or on a floor by floor basis by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a rent of £20.00 psf.

Freehold prices available upon request.
  • Unit 3
  • 4,900 sq ft
  • Office
  • £1,250,000 (£255.10/sq ft)
  • -
Sale Type Owner Occupier
Tenure Freehold
Description
Brand New City Centre Office Accommodation with Parking
Sale Notes
The subject accommodation is available to let as a whole or on a floor by floor basis by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a rent of £20.00 psf.

Freehold prices available upon request.
Unit Unit Size Unit Use Price NOI
Unit 2 4,924 sq ft Office £1,250,000 (£253.86/sq ft) -
Unit 3 4,900 sq ft Office £1,250,000 (£255.10/sq ft) -

Unit 2

Unit Size
4,924 sq ft
Unit Use
Office
Price
£1,250,000 (£253.86/sq ft)
NOI
-

Unit 3

Unit Size
4,900 sq ft
Unit Use
Office
Price
£1,250,000 (£255.10/sq ft)
NOI
-

Unit 2

Unit Size 4,924 sq ft
Unit Use Office
Price £1,250,000 (£253.86/sq ft)
NOI -
Sale Type Owner Occupier
Tenure Freehold
Description
Brand New City Centre Office Accommodation with Parking</li></ul>
Sale Notes
The subject accommodation is available to let as a whole or on a floor by floor basis by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a rent of &#163;20.00 psf.<br> <br> Freehold prices available upon request.</li></ul>

Unit 3

Unit Size 4,900 sq ft
Unit Use Office
Price £1,250,000 (£255.10/sq ft)
NOI -
Sale Type Owner Occupier
Tenure Freehold
Description
Brand New City Centre Office Accommodation with Parking</li></ul>
Sale Notes
The subject accommodation is available to let as a whole or on a floor by floor basis by way of a new (effectively) full repairing and insuring lease for a term to be agreed at a rent of &#163;20.00 psf.<br> <br> Freehold prices available upon request.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Property Size 9,860 sq ft
Property Type Office
Costar Property Class C
Floors 3
Typical Floor Size 3,275 sq ft
Year Built 1960
Total Plot Size 0.17 ac

Amenities

  • 24 Hour Access
  • Bus Route
  • Commuter Rail
  • Air Conditioning
  • Raised Floor System
  • Listing ID: 31045994

  • Date on Market: 26/02/2024

  • Last Updated:

  • Address: Southern Gate, Chichester PO19 8SG

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