£275,000 Offers Over
Robert Luff & Co. are delighted to offer for sale this FREEHOLD INVESTMENT opportunity comprising of shop and first floor flat, both of which currently have TENANTS IN SITU. and producing a gross combined income of £16,800. ( Flat - £750 pcm shop £650 pcm. ) The rent on the shop will increase to £750 pcm from August 2020. The property is located within a parade in Lancing with mixed retail use including convenience shops, and fast food outlets, surrounded by lots of residential properties. There is unrestricted parking at the front and parking at the rear which is accessed via a rear driveway.The parking is not allocated to the shop or flat and could be let out.
Also available separately, the shop is available for £105,000 and the flat available with a new lease for £175,000 with an allocated parking space.