Property for saleRegent Road, Morecambe, Lancashire, LA3
- COMMERICAL PROPERTY
- 2 SELF CONTAINED FLATS
- FINISHED TO A VERY HIGH STANDARD
- OVER 10% RENTAL YIELD
- PERMIT PARKING.
Harper Brooks are pleased to offer to market this lucrative investment, refurbished to a high standard. The property stands a short walk from the sea front and contains ground floor commercial and two upper floor apartments with a gross yield of over 10%. Tastefully finished; the two bedroom apartments boast new fitted kitchens, bathrooms, UPVC windows, gas central heating with new boiler, new roof, plumbing and electrics as well as full cosmetic overhaul.
The ground floor commercial is tenanted with a long lease to a local butcher - at £350pcm.
Flat 1 - currently achieving £500pcm - is a 2 bedroom 1st floor apartment with a lounge towards the rear, fitted kitchen and bathroom, with balcony to the rear.
Flat 2 - which achieves £545pcm - is a 2 bedroom mezzanine apartment with living space and bedroom on the 2nd floor and a large master en-suite on the 3rd floor. Additionally, the property is being sold with the freehold included.
Call Harper Brooks today on 01625 415200!
0.9m x 2.64m
This high-spec ensuite features a white three-piece suite consisting of WC, hand wash basin and cubicle shower. The flooring is tiled, there is fully tiled walls and a ventilated air system.
8.61m x 13.22m
The commercial property is located on the ground floor and is currently tenanted on a long lease by the local butcher. The entrance is alarmed, the windows are single glazed and there is concrete flooring throughout. Measurements reflect both the main shop frontage and the storage to the rear.
Flat 1 spans the first floor of the property. It is finished to a high standard, having been recently decorated throughout. Parking is available via permit.
The balcony is located at the rear aspect and is accessed via the kitchen.
Flat 2 spans over both the second and third floors of the property. It is finished to a high standard, having been recently decorated throughout. Parking is available via permit.
5.03m x 3.76m
This ample sized lounge has an open plan layout with the kitchen. It is a very bright, open space and has a feature slate effect tiled wall, along with laminate flooring and two UPVC double glazed windows.
5.03m x 3.76m
This modern kitchen features a range of matching base and eye level units, roll top work surfaces and a stainless steel sink. Integrated appliances include; fitted microwave, electric oven with four-ring gas hob, overhead extractor fan and fridge; with ample space for additional free-standing appliances. There is also a large UPVC double glazed window and engineering wood flooring.
3.2m x 3.73m
This good-sized double bedroom is located on the second floor. It features newly carpeted flooring and a UPVC double glazed window.
2.8m x 2.5m
This brand new, fully fitted bathroom features a white three-piece suite which includes a WC, hand wash basin and bath with overhead shower. It also benefits from a heated towel rail, fully tiled walls, tiled flooring and a UPVC double glazed window.
5.05m x 2.84m
Extremely spacious double bedroom located on the third floor. It features dual aspect double glazed Velux windows to the front and rear, a built in storage cupboard and carpet flooring. This bedroom also benefits from ensuite facilities.
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