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FOR SALE – Investment Property, Heysham Road, Heysham

FOR SALE – Investment Property, Heysham Road, Heysham

408 Heysham Road, ,

OIRO £ 175,000

 Property Overview

FOR SALE - INVESTMENT PROPERTY - Substantial commercial premises in prominent main road position, extended to the front together with front forecourt, let in its entirety to Time4Flowers Limited. Very stylish ground floor trading premises with first floor further display and very useful storage. Ideal investment property.Viewing strongly recommended.

Location
Morecambe is a busy seaside town 3.5 miles to the west of Lancaster.

Morecambe has a population of approx 33,500 with a catchment to be in the order of 130,000 (source CACI).

The area is easily accessible thanks to the new M6 Link Road, the Bay gateway leading to Junction 34.

The regeneration of Morecambe and visitor numbers are set to increase following planning approval for the proposed development of the Eden Project North. At the time of writing we await proof of funding for this particular project.

Description
Extended semi detached commercial premises with deep front extension and front forecourt situated in a busy main road position in a popular parade of shops.

The premises are let in its entirety to Time4Flowers Limited and the sale of the premises is subject to their existing lease.

Accommodation

Ground Floor

Sales Shop
9.327 x 4.270 and 7.385 x 3.962 (30’7″ x 14’0″ and
Very large stylish sales shop with good window frontage.

Ancillary Space including Kitchen Area
5.635 x 4.390 (18’5″ x 14’4″)

Inner Hall
With staircase leading off.

First Floor

Landing

Showroom
3.953 x 3.629 (12’11” x 11’10”)
Plus Upvc double glazed front bay window.

Store Room
3.633 x 3.308 (11’11” x 10’10”)
Upvc double glazed front window.

Store Room / Kitchen
4.243 x 2.858 (13’11” x 9’4″)

Store Room
2.351 x 1.996 (7’8″ x 6’6″)

Toilet

Rental Terms
The sale of this property is subject to the existing lease dated 10th November 2017 with the residue of a 10 year term ending on 16th October 2022 at an annual passing rent of £12,000 per annum.

VAT
The subject property is elected for VAT so the eventual sale price will be subject to VAT in addition.

EPC
Current EPC rating ‘D’.

Viewing Arrangements
Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please call 01524 69922 to arrange or email: [email protected]

Documents
Address: 408 Heysham Road
Area:
Zip: LA3 2BJ
Country: United Kingdom
Open In Google Maps
Property Id : 839184
Price: OIRO £ 175,000
Other Features
First Floor Further Display And Very Useful Storage
Ground Floor Trading Pemises
INVESTMENT PROPERTY
Substantial Commercial Premises In Prominent Main Road Position
Very Stylish

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