Commercial Properties For Sale in Morecambe, Lancashire

FOR SALE - Attractive investment in an upcoming area of Morecambe, close to the proposed Eden Project. Currently let to a family at £625 per month, with the tenant covering all bills. Managed by Parkinson Property, Lancaster, on a rolling tenancy agreement. A hassle-free, income-generating asset with potential for increased rental figures as the area continues to develop. Current gross yield of 6.52% with increase 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.

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.

This well-positioned two-storey retail unit lies at the heart of Morecambe town centre, providing outstanding visibility and easy access for businesses keen to establish or grow in a busy commercial setting. This glass fronted unit enjoys prominent exposure to steady footfall, maximising its appeal for a wide range of businesses. The premises offer exceptional flexibility and could suit various uses, such as retail, office space, or a food and beverage operation, subject to the necessary permissions. The spacious interior lends itself well to adaptation, making it ideal for both established businesses aiming to expand and new ventures searching for a prime high street presence. Available either for sale or to let, this property represents a strong investment prospect for those looking to diversify their portfolio in a town experiencing positive redevelopment. It also provides an excellent opportunity for businesses seeking a centrally located unit in the thriving and increasingly popular Morecambe town centre.