Commercial property for sale in Crabtree Lane, Lancing BN15

Offers in region of £150,000 (£228.66/sq. ft)
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Commercial property for sale

656 sq. ft*

Property description

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

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    For more information about this property, please contact
    Eightfold Property - Brighton, BN1 on +44 1273 434347 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Eightfold Property - Brighton, and do not constitute property particulars. Please contact Eightfold Property - Brighton for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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