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A private family pension trust has purchased the freehold investment of 13 East Street, Chichester. The prime shop was let to Smiggle at £70,000 per annum on a 10 year lease from 2017 with a tenant's option to break at the 5th anniversary. The sale price reflected a net initial yield of 5.3% after allowing for acquisition costs. The building is Grade II Listed. 

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01243 520949

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