14-15 East St - Storefront Retail/Residential FOR SALE


Chichester, WSX PO19 1HE
$2,015,000 USD
14-15 East St, Chichester, WSX for Sale
$2,015,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | 5.71% Cap Rate

14-15 East St
Chichester, WSX PO19 1HE


HIGHLIGHTS

  • Strong retail centre with limited vacancies and good occupier demand
  • 100% prime position on East Street close to the Market Cross
  • Planning on going for the conversion of the first and second floors to create two further flats
  • Chichester is a busy and attractive Cathedral city

OVERVIEW

The property comprises an attractive and prominent Grade II Listed building arranged over four storeys, plus a basement. The retail unit is configured over the ground floor, basement and part first floor. The remainder of the part first and the second floors was historically used as a Pilates Studio / office space. The third floor comprises a vacant 2 bedroom flat. The property has the following approximate NIA: Ground Floor Sales Area - 1,803 sq ft Basement - 985 sq ft First Floor - 309 sq ft Total NIA - 3,097 sq ft E Class First Floor - 1,004 sq ft Second Floor - 853 sq ft 2 Bedroom Flat Third Floor - 698 sq ft Total Size - 5,652 sq ft

FOR SALE DETAILS

PRICE

$2,015,000 USD

PRICE/SF

$357 USD /SF

CAP RATE

5.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

SX32734,WSX116205,WSX254058,WSX334525,WSX355260,WSX79197

ASK ABOUT THIS PROPERTY

Mark MinchellFlude Property ConsultantsMore Info

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Mark MinchellFlude Property ConsultantsMore Info

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