Property photos
Freehold
Offers in region of
£150,000
(£228.66/sq. ft)
Property for sale
Crabtree Lane, Lancing BN15656 sq. ft
Local area information
Property location
Nearby amenities
- The Globe Primary Academy 0.3 miles
- Lancing 0.3 miles
- Springboard Education (SEN) 0.5 miles
- East Worthing 1.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
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)
Description
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)
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
Description
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)
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
More information
Listed by
Eightfold Property - Brighton
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