34 Crabtree Lane, Lancing, BN15 9PQ
656 Sq Ft / Other / Investment
For Sale
- £150,000.00
Available - Last updated: 05 June 2024
Summary
A freehold investment of a lock up shop producing an income of £12,000 pa exc. on a 20 year FRI lease from 2022. The flat over is sold off on a long leasehold interest though could be made available. The flat currently produces £1000pcm though the estimated rental value is £1,200-1,400pcm (estimated price £200,000)
Key Points
LOCK UP SHOP INVESTMENTBUSY NEIGHBORHOOD PARADEDENSLEY POPULATED RESIDENTIAL AREALONG STANDING TENANTPASSING RENT £12,000pa exc.(TWO BEDROOM MAISONETTE OVER COULD ALSO BE MADE AVAILABLE)Location
The property is situated on the north side on Crabtree Lane close to the A2025 and The Monks Recreational ground. The busy neighbourhood parade provides for a variety of shops, cafe and take aways in a densely populated residential area
Property Quote Price(s)
Description | Sale type | Guide price | Price type |
|
For Sale Freehold
|
£150,000.00
| NA |
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