Flat for sale in Crabtree Lane, Lancing BN15

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 2.30m)

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 2.00m)

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.