Nairn House, Artex Avenue, Rustington, Littlehampton, BN16 3LN
- SIZE AVAILABLE
4,604 sq ft
428 sq m
- SECTOR
Residential development for sale
Key features
- Situated in Popular Village of Rustington
- Current Income £90,288 Per Annum
- Potential To Increase Rents / Break Up / Asset Manage
- Converted in 2016
- Rare Freehold Opportunity
- Viewing Highly Recommended
Description
A rare opportunity to acquire an unbroken residential freehold building producing a current income of £90,288 Per Annum.
The property was converted under permitted development rights (R/171/16/PD) in 2016 to create 6x Studio apartments and 6x One Bedroom apartments with 15 external parking spaces and communal bin store. The property has been fully let for over 7 years with very low void periods with both private and local authority tenants.
The majority of apartments benefit from laminate / carpeted flooring, secure entry phone system, electric heating, electric cookers and electric showers. The apartments are presented in good condition throughout.
Location
Rustington is a thriving and popular village located on the south coast in between the cathedral city of Chichester (15 miles west), the seaside town of Worthing (8 miles east) and the city of Brighton (20 miles east). Rustington has superb road connectivity with the A259, A24 and A27 roads all within easy distance of the subject property. Angmering mainline railway station with its regular services along the southcoast and north to London Victoria (journey time of 1 hour 35 minutes) is situated approximately 2 miles to the north. The village centre with its array of national and independent shops, eateries and public amenities is a five minute walk away from the property whilst the popular seafront and greensward is within 10 minutes.
Terms
Freehold, subject to the tenancies noted within these marketing particulars.
Council Tax
Each apartment has a Council Tax banding of A. Further information can be obtained by speaking to Arun District Council's Business Rates & Council Tax department.
Brochures
Nairn House, Artex Avenue, Rustington, Littlehampton, BN16 3LN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Angmering Station0.9 miles
- Littlehampton Station1.7 miles
- Arundel Station2.6 miles
An independently owned, family run, commercial estate agent and property management company based in West Sussex, we are able to provide you with a bespoke service to meet your property requirements.
If you are looking for an honest, hard working and reliable agent to sell, let or manage your commercial property then please get in touch. We are committed to maximising the clients investment and achieving the best possible outcome. Our team's vast experience of the commercial sector has
Notes
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