Investment Property in Lancing For Sale

Situated in a parade, excellent trading position, residential, office and commercial area, LANCING, WEST SUSSEX

Price 275,000

Features

Long Leasehold Investment Property Trading As A General Store

DOUBLE FRONTED PREMISES

5.5% RETURN ON INVESTMENT

The private landlord granted a 15 years lease in 2018 with reviews every 4 years (next review 2026) at a rent of £16,500 p.a.

Outside

Garage

Tenure

LONG LEASEHOLD 999 YEARS FROM 2006

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2006

Price

TO INCLUDE THE LONG LEASEHOLD £275,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 192,500 (long lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote