Retail property let in Fernhurst

Acting on behalf of Chichester District Council, Flude Commercial have let retail premises at 1 Crossfield, Fernhurst to Fernhurst Pharmacy Limited.

The property comprises Sales Area of 75.1 sq m 808 sq ft with Ancillary Space of 22.65 sq m 244 sq ft, with a maisonette above.

The property has been let on a new 15 year lease, with Year 1 rent of £6,500 (reduced rent to reflect six months’ rent free), Year 2 rent of £10,000 then rising each year to £13,000 in Year 5, with break options in 5th and 10th year, and 5 yearly rent reviews.