Chichester Syndicate
About this property
A former motor showroom, converted by the occupier into a specialist NHS children's health and treatment centre, fronting the A285 Westhampnett Road on the eastern approach to Chichester close to the junction with the A27 ring road. Chichester is a West Sussex cathedral city, some 20 miles east of Portsmouth and five miles from the coast, and the road is an arterial link into the city centre. The building is of steel framed construction clad with insulated sheeting, with a two storey, extensively glazed showroom section to the front. It extends to approximately 12,024 sq ft over two floors, laid out as consulting rooms, treatment and play areas and offices, with a passenger lift, car parking to the front and side, an enclosed yard and a secure outdoor play area.
The whole property is let to Sussex Community NHS Foundation Trust, which runs it as the Westhampnett Centre, the child development centre for the area. The Trust occupied the building as a subtenant for some years before taking the lease directly.
- Sussex Community NHS Foundation Trust
Healthcare
This syndicate is closed to new investment.
At a glance
- Type
- Commercial
- Address
- The Westhampnett Centre, 28/29 Westhampnett Road, Chichester, PO19 7HH
- Initial yield
- 6.5%
- Syndicated
Initial yield is the net initial yield at the date that building was syndicated. It is a historic figure for that date and is not an indication of the income or the return available now or in future. Past performance is not a reliable indicator of future results.
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