Commercial Properties For Sale in Morecambe, Lancashire
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FOR SALE - Development Opportunity in Morecambe with 2 shops and 1 flat requiring full refurbishment. Popular location off Marine Road near The Battery. A row of shops adjoin with verandas. Any enquiries about planning use should be directed to Lancaster City Council Planning Department. Rateable value currently £0 due to condition of the premises. The council tax band for the flat is band A. Interesting potential. Priced to sell. View recommended.
- Located in Morecambe Town
- Great potential to undertake a sensitive refurbishment
- Proposed Eden Project Morecambe within walking distance
An excellent opportunity to acquire a two-bedroom apartment situated within a well-maintained block of flats on Morecambe Promenade. The property is currently tenanted, generating a rental income of £550 per calendar month, offering an immediate return for investors. With a current yield of approximately 9.4%, this investment provides a solid income stream with the potential for future growth. With some modern upgrades and minor improvements, there is clear potential to increase the rental value further, strengthening returns and capital growth prospects. Overall, this property represents an attractive and affordable investment opportunity in a well-connected and sought-after area of Morecambe.
- Currently tenanted
- Rental income of £550 per calendar month
- Potential for future growth
FOR SALE - Substantial Seafront Promenade Hotel offering great potential in a much sought after and prime location in Morecambe enjoying excellent views across the bay towards the Lakeland fells. Deceptive extended accommodation . Please see attached virtual tour.
- FOR SALE
- Prime location on Morecambe promenade
- Brilliant Development potential
This prime two-storey retail unit is situated in the heart of Morecambe town centre, offering excellent visibility and accessibility for businesses looking to establish or expand their presence in a bustling commercial location. With both rear and high street access, this glass fronted property benefits from significant exposure to passing foot traffic, ensuring maximum visibility for any business. The property is highly versatile and could accommodate a variety of uses, including retail, office space, or food and drink establishments, subject to necessary consents. Its spacious layout provides ample opportunity for customisation, making it suitable for both established businesses looking to grow and new ventures seeking a prime high street location. Available for sale, this property presents an excellent investment opportunity for those looking to add to their portfolio in a town that is benefiting from ongoing regeneration and investment. Alternatively, it is also available to let, offering a fantastic opportunity for a business seeking a well-positioned premises in Morecambe's thriving town centre.
- Morecambe Town Centre
- Two-Storey Retail Unit
- Both Rear and High Street Access