34-36 Crabtree Lane, Lancing, West Sussex, BN15 9PQ

606 Sq Ft
£300,000
  • Type: Retail
  • Availability: Under Offer
  • Floor Area: 606 Sq Ft
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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.

Property Location