34-36 Crabtree Lane, Lancing, West Sussex, BN15 9PQ
606 Sq Ft
£300,000
Property Features
- Income Producing
- Two Bedroom Flat
- Situated in an Established Parade
- 100% Rate Relief (STS)
Property Summary
This mid-terraced property presents an opportunity to acquire a mixed-use building comprising a fully let ground-floor commercial unit and self-contained maisonette arranged over the upper floor. The property currently generates a rental income of £27,600 per annum, with the commercial unit contributing £12,000 and the residential unit producing £15,600 per annum.
The ground floor features a predominantly open-plan layout, benefiting from a rear storage room, WC, and single access door to the rear. The unit is currently let on a 20-year lease that commenced in 2021.
Accessed via an external staircase, the upper floors comprise a self-contained marionette arranged over two floors, offering two bedrooms, a living room, kitchen, and bathroom.
Externally, the property offers a rear garden and rear access.
The ground floor features a predominantly open-plan layout, benefiting from a rear storage room, WC, and single access door to the rear. The unit is currently let on a 20-year lease that commenced in 2021.
Accessed via an external staircase, the upper floors comprise a self-contained marionette arranged over two floors, offering two bedrooms, a living room, kitchen, and bathroom.
Externally, the property offers a rear garden and rear access.