Skip to content
1/16

Property for sale The Street, Rustington

Offers Over
£450,000

Added two days ago

Tenure
Freehold

Key features

  • Freehold Commercial Investment
  • Large Extended Double Unit
  • Established Tenant on Long Lease
  • Mixed Use Scheme
  • Village Centre Location
  • Rare Opportunity

About this property

A rare opportunity to acquire a commercial freehold investment in this prominent position in the centre of the bustling village of Rustington. 102 to 104a The Street is made up of a large double commercial unit with an additional two storey extension on the east side. Fully let under two commercial leases; on the ground floor is a day nursery or pre-school with extensive ancillary space, including a newly constructed conservatory, large kitchen, cloakrooms and office; the second lease is for extensive versatile office space on the first floor and a separate lock-up shop on the ground floor, known as 104a.

Floorplan

Council tax

Ask agent

Location

The Street, Rustington

Mortgage and stamp duty

Property price £450,000
£225k £675k
Deposit10% £45,000
£0 £450k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £405,000 mortgage. Most lenders would want a household income of about £90,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

Similar properties nearby

See all