Yorkshire Street, Morecambe, Lancashire, LA3 1QF
For Sale
Investment, Other, Office
1,127 Sq Ft
For Sale: £128,500 for the Freehold
Get in touch for this property:
- Attractive investment opportunity
- Ground floor commercial unit
- Self-contained two-bedroom flat
- Vacant possession
- Lends itself well to an owner-occupier
- Potential to Generate an income in the region of £12,500 per annum
His mixed-use property is now available as an attractive investment opportunity, comprising a ground floor commercial unit suitable for a wide range of business uses, together with a self-contained two-bedroom flat arranged over the upper floors. Offered with vacant possession, the property provides flexibility for an investor to secure tenants or for an owner-occupier to establish their own business while residing above.
The commercial element offers adaptable trading space, appealing to retail, office, or service-based occupiers, while the residential accommodation provides comfortable living space with strong rental demand potential. When fully tenanted, the property is anticipated to generate an income in the region of £12,500 per annum, presenting a solid return for investors.
Equally, the layout lends itself well to an owner-occupier seeking the convenience of living above their business, combining lifestyle and commercial opportunity within a single freehold asset.
The property is located on Yorkshire Street in the West End of Morecambe, an established area characterised by a mix of commercial and residential properties. The position benefits from close proximity to the promenade, providing strong appeal for both occupiers and residents, and contributing to steady footfall and local activity.
| Description | Sq Ft | Sq M |
|---|---|---|
| Basement | 154 | 14.31 |
| Commercial Front | 230 | 21.37 |
| Commercial WC | 18 | 1.66 |
| Flat | 539 | 50.07 |
| Commercial Rear | 85 | 7.89 |
| Total | 1,025.76 | 95.30 |
Mains Gas, Water and Electric all connected. Commercial unit uses water and electric only.
To be advised.
Mixed use property - Commercial unit use class E, change of use may be possible subject to council approval.
Sold as vacant possession
All prices quoted are exclusive of VAT but may be liable, property not registered for VAT.