Summary - 1, CHAPEL STREET PO19 1BU
1 bed 1 bath Office
Central, partly let property with parking; buyer to allow for VAT and consents.
• Grade II listed freehold office across three floors with period character
• Net internal area ~1,123 sq ft; gross ~1,207 sq ft
• Part-vacant, part-let producing immediate and future rental potential
• Three allocated off-street parking spaces at rear
• VAT payable on purchase; sale by TOGC
• Listed status restricts alterations and may increase refurbishment costs
• Local crime levels reported as very high — affects security and insurance
• Excellent mobile signal and fast broadband; central city location
A rare Grade II listed freehold office in the heart of Chichester, arranged over three floors with 1,123 sq ft (NIA). The building is part-vacant and part-income producing: three first-floor rooms are let on licence agreements while the ground and second floors are currently vacant, offering immediate occupation or re-letting potential. Three allocated off-street parking spaces sit to the rear — a valuable city-centre amenity.
This property is offered as a TOGC; VAT will be payable on the purchase price. The listed status protects historic features but will restrict alterations and can complicate refurbishment plans and service changes — buyers should budget for listed-consent processes. Crime levels in the local area are reported as very high, which may affect tenant demand and insurance costs.
Key operational positives include excellent mobile signal, fast broadband and proximity to shops, transport and strong local schools. The building’s period character and high ceilings are attractive to creative or professional occupiers; conversely, any buyer must allow for the management demands of a listed building and the administrative steps linked to VAT and TOGC completion.
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