34 Crabtree Lane Lancing

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