Crabtree Lane, Lancing, BN15
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
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
- No Onward Chain
- 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.
EPC Rating: E
Shop Front
7.94m x 5.88m
Hallway
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
3.98m x 3.06m
WC
1.54m x 0.84m
MAISONETTE
Accessed via the rear of the parade of shops.
Kitchen
2.56m x 2.3m
Comprising a range of wall and base units, integrated oven/hob, space for further appliances.
Living Room
4.81m x 3.73m
Bedroom One
3.67m x 3.75m
A spacious double bedroom.
Bedroom Two
2.42m x 1.99m
Bathroom
1.88m x 2m
White suite comprising bath with shoer over, WC, pedestal wash hand basin.
Garden
A good size rear garden comprising patio with the remainder being mainly laid to lawn and gate for access.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Crabtree Lane, Lancing, BN15
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lancing Station0.4 miles
- East Worthing Station1.7 miles
- Shoreham-by-Sea Station2.2 miles
About the agent
Pear Properties, Lancing
20 Crabtree Lane, Lancing, BN15 9PQ
Pearing People & Properties
Pear Properties is led by Joe Bailey and Marcus Farrell and having over 30 years collectively in the industry, they know how to find you the right buyer, get you the best price and support you throughout the entire property process.
Pear Properties Promise: "We're available whenever you need us - text us for a quick update, call for a longer chat or email us. You'll always find a Pear property expert ready to help."
With Pear Properties you
Industry affiliations
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Visit our security centre to find out moreDisclaimer - Property reference acffdd24-a166-4ade-91c1-5c7700033718. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pear Properties, Lancing. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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