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£1,500,000

Priory Road, Chichester, PO19

  • 3 beds
House

£1,500,000

  • 3 beds
House
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Estimate monthly mortgage payment:

£6,848 per month

Minimum deposit amount:

£75,000
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DESCRIPTION: An exceptional opportunity to acquire a prominent and characterful freehold property in the heart of Chichester�s vibrant city centre. This unique portfolio comprises 60 & 60a North Street and Rose Cottage � an attractive grouping of Grade II listed buildings, occupying a prime position within the city walls. The properties offer a compelling blend of investment income, vacant space with potential for reconfiguration, and existing residential accommodation � all set within one of the most desirable and historically significant locations on the South Coast. 60 North Street is currently let and produces a commercial income of �25,000 per annum. 60a North Street is vacant and falls under Class E use, making it suitable for a variety of commercial uses. However, it would also lend itself particularly well to conversion into a first-floor residential flat, subject to all necessary consents. The unit offers an immediate opportunity for refurbishment or redevelopment. Rose Cottage is a charming, refurbished house with off-street parking and a private courtyard garden. It is suitable for immediate occupation or letting. The site benefits from dual access via both North Street and Priory Road, with off-street parking accessed from Priory Road. The buildings retain a wealth of period features and benefit from a highly visible frontage in one of Chichester�s busiest and most prestigious commercial and residential locations � moments from the Cathedral, high street shops, cultural venues, and public transport links. Opportunities of this nature within the city walls are increasingly rare. This is an exciting proposition for developers, investors, or those seeking to create a bespoke city-centre residence or mixed-use scheme (subject to planning and listed building consent). Viewing: Strictly by appointment through the sole agents. Interested parties are advised to obtain independent planning, legal, and financial advice before proceeding. LOCATION: The property is located very close to the mainly pedestrianised city precinct which offers a comprehensive range of shops and a wide variety of restaurants, bistros and bars. The arts are well catered for with Pallant House Gallery and the Chichester Festival and Minerva Theatres. Leisure facilities close by can be found at the Westgate Sports Centre, Chichester Racquets and Fitness Club, and the Festival Theatre, whilst other recreational activities include horse racing at Goodwood, which also has its own private country club and hosts the Festival of Speed and September Revival Meeting at its historic motor circuit. The fabulous sandy beaches of West Wittering can be found approximately 8 miles to the south along with sailing from Chichester Harbour and nearby Bosham. There is a mainline railway station at Chichester providing access to Portsmouth along the coast and to London Victoria (approximately 1 hour 35 minutes). INFORMATION: Services: TBC Tenure: Freehold Local Authority: Chichester District Council Council Tax Band: Band E Energy Rating: Band G Viewing: Strictly by appointment with Stride & Son

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£6,848 per month
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£91,250
Mortgage and legal costs:
£999
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