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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 INVESTMENT
  • BUSY NEIGHBORHOOD PARADE
  • DENSLEY POPULATED RESIDENTIAL AREA
  • LONG STANDING TENANT
  • PASSING 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)

    DescriptionSale typeGuide pricePrice type
      For Sale Freehold £150,000.00 NA

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    Contact agents

    Rupert Burstow

    Eightfold Property

    01273 068143

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