Clarence Street, Lancashire, Morecambe, LA4 5EX

• Located off Morecambe Promenade Marine Road
• Annually Generating £8,400
• High Income Potential
• Potential for future redevelopment
• Strategically Located
• Yield - 13.09
• Covering over 1140 Sq Ft.
• Newly Renovated

This mixed-use property offers a great opportunity for investors, developers, or end-users, with planning permission for short-term lets and potential for various commercial uses. Located in Morecambe, it's ideal for small businesses, workshops, or holiday lets, with high return potential due to the upcoming Eden Project. Currently generating £8,400 per annum, the versatile space is perfect for business expansion or start-ups.

The property has a historic planning permission from the 1970s to build apartments above the existing premises - reference 24/00098/FUL

Morecambe is located 3.5 miles to the west of Lancaster and 20 miles north of Preston. The town benefits from excellent communications with The Bay Link Road leading to junction 34 of the M6 motorway. Morecambe has a population of approximately 33,500 with a catchment estimated to be in the order of 130,000 (Source CACI).

Located in a serene residential neighbourhood with Morecambe town centre just around the corner, this property is uniquely positioned in a peaceful yet accessible part of the town. Its proximity to the town centre offers the dual benefits of a tranquil setting for residents while still being close enough to enjoy all the amenities and conveniences that the town has to offer. This strategic location makes it an excellent choice for investors seeking a property that combines the charm of a quiet residential area with the advantages of urban living, providing a highly desirable balance that is attractive to potential renters or buyers.

The area awaits the outcome of the proposed Eden Project North, which would not be situated too far.