Crabtree Lane, Lancing, BN15

Freehold Building

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Crabtree Lane
Lancing
BN15
For Sale
Guide Price£350,000
Freehold
2 Bedrooms

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XXXFor SaleXXX
2 Bedrooms

Think it's a pear?

Arrange a viewing

Need to sell first?

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More information

Propery details

Key features

  • Freehold Building
  • Comprising Shop and Two Bedroom Maisonette Above
  • £12,000 per annum Rental Income from Shop
  • £15,000 per annum Potential Income for Maisonette
  • Ideal Investment
  • Situated within the heart of Lancing

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Key features

  • Freehold Building
  • Comprising Shop and Two Bedroom Maisonette Above
  • £12,000 per annum Rental Income from Shop
  • £15,000 per annum Potential Income for Maisonette
  • Ideal Investment
  • Situated within the heart of Lancing

Description

Situated within the heart of Lancing, we are delighted to present this rare opportunity of a freehold building which boasts a unique combination of a ground-floor shop and a two-bedroom maisonette above. This property offers an ideal investment opportunity for those looking to enhance their property portfolio without the hassle of an onward chain.

The ground floor of this freehold building comprises of a newsagent which generates an impressive rental income of £12,000 per annum and the current tenant has 18 years remaining on the lease. The shop enjoys a prime location making it a lucrative venture for potential investors seeking a steady return on investment in the retail sector.

Ascending to the upper level of the property, you will find a delightful two-bedroom maisonette that presents an opportunity for additional income, with a potential rental yield of £15,000 per annum. The flat currently benefits from an enclosed rear garden.

Lancing is a sought-after location known for its vibrant community spirit, excellent transport links, and a plethora of local amenities, including shops, restaurants, and recreational facilities.

With its impressive rental income potential and desirable location, this property is not to be missed. Contact us today to arrange a viewing and explore the endless possibilities that this exceptional property has to offer.

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Room by Room

SHOP

Shop Front 26' 1" x 19' 3" (7.94m x 5.88m)

Hallway 3' 5" x 10' 8" (1.03m x 3.25m)An area that separates the shop and store room. Comprises of wash hand basin and door leading outside to WC.

Store Room 13' 1" x 10' 0" (3.98m x 3.06m)

WC 5' 1" x 2' 9" (1.54m x 0.84m)

MAISONETTEAccessed via the rear of the parade of shops.

Kitchen 8' 5" x 7' 7" (2.56m x 2.30m)Comprising a range of wall and base units, integrated oven/hob, space for further appliances.

Living Room 15' 9" x 12' 3" (4.81m x 3.73m)

Bedroom One 12' 0" x 12' 4" (3.67m x 3.75m)A spacious double bedroom.

Bedroom Two 7' 11" x 6' 6" (2.42m x 1.99m)

Bathroom 6' 2" x 6' 7" (1.88m x 2.00m)White suite comprising bath with shoer over, WC, pedestal wash hand basin.

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