Key Details

Property Description

Prime High Street Retail Investment with Development Potential Total Size - 525 sq m (5,652 sq ft)

The cathedral city of Chichester is a prosperous and historic market town located in West Sussex, approximately 68 miles south-west of London, 17 miles east of Portsmouth and 34 miles west of Brighton. It is the only city in West Sussex and is the County Town. The property occupies a prominent location on the northern side of East Street, close to the Market Cross. East Street is one of the principal retailing streets in the city and is fully pedestrianised. Nearby occupiers include Mountain Warehouse, The Ivy, Mint Velvet, HSBC, Franca Manco, Fat Face, M&S and Superdrug.

H&B International is one of the world's leading health and wellness retailers and the largest in Europe supplying its customers with a wide range of vitamins, minerals, health supplements, specialist foods and natural beauty products. With over 145 years of experience in the industry, our name is a familiar sight in almost every major city and town across the UK and is becoming increasingly more visible further afield, in markets as diverse as the Netherlands and Malta to the UAE, China and India. They have D&B rating of 5A 2 and a tangible net worth of just under £200m.

Planning has been submitted to convert part of the first and second floors to two x 2 bedroom flats. The third floor flat requires a certificate of lawful use. Interested parties should make their own planning enquiries and satisfy themselves in this regard.



The property is elected for VAT and it is anticipated that the sale will be treated as a transfer of a going concern (TOGC).

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

Ground floor and part 1st floor Rateable Value (2023): 158,000. Part 1st floor and 2nd floor Rateable Value (2023): £8,100

Available on request.

Each party to bear their own legal costs incurred.

• Location