Instructions

Investment

WALLIS, 20 NORTH STREET, CHICHESTER

UNDER OFFER

Details:

Prime retail investment.

  • Chichester is an affluent cathedral city providing an attractive and popular retail environment.
  • Situated in a prime pitch on pedestrianised North Street.
  • The property adjoins Marks & Spencer.
  • Trading as Wallis, the multiple ladies fashion retailer, on a lease to 2021 (subject to a break option in 2019).
  • Low passing rent of £97,000pa reflecting only £124.50psf Zone A.
  • Freehold.
  • Offers in excess of £1,950,000 reflecting a net initial yield of 4.68%.

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