Commercial Property for sale

For Sale - Investment - Euston Road, Morecambe

Guide Price £149,950

Property Description

Full description

INVESTMENT SALE - part Commercial and part Residential. Prominent corner premises close to Morecambe centre offering a fully let investment with commercial on the ground floor and residential on the floors above. Current annual gross income £14,400.

Location - The subject property is situated in a prominent corner position on Euston Road close to Morecambe centre.

Morecambe is located 3.5 miles to the west of Lancaster and 20 miles north of Preston. The town benefits from excellent communications on the A589 and is only 4 miles from Junction 34 of the M6. Morecambe has a population of approximately 33,500 with a catchment estimated to be in the order of 130,000 (Source CACI). The area benefits from the completion of the new M6 Link Road, The Bay Gateway and the regeneration of Morecambe seafront. Progress of the proposed Eden Project North is eagerly awaited.

Description - Substantial 3 storey property plus basement and attic room situated in a prominent corner position fronting Euston Road with return frontage to King Street. Currently trading as a takeaway with residential accommodation above being sold as a fully let investment. Current annual gross income £14,400.

Accommodation -

Ground Floor - 135 Euston Road -

Corner Sales Shop - 5.333 x 4.703 (17'5" x 15'5") -

Preparation Room - 3.215 x 3.478 (10'6" x 11'4") -

Kitchen - 2.910 x 4.229 (9'6" x 13'10") -

Toilet -

Basement - 135 Euston Road -

Store Room - 3.182 x 3.144 (10'5" x 10'3") -

Store Room - 4.460 x 3.680 (14'7" x 12'0") -

Ground Floor - 135A Euston Road -

Entrance Hall - With staircase leading off.

First Floor - 135A Euston Road -

Landing - With staircase leading off.

Lounge - 3.580 x 4.004 (11'8" x 13'1") - Overall measurement into bay windows.

Kitchen - 2.451 x 1.722 (8'0" x 5'7") -

Bedroom - 3.611 x 3.401 (11'10" x 11'1") -

Room - Unable to inspect.

Bathroom/W.C. - Bath with shower mixer tap, wash basin and toilet.

Second Floor - 135A Euston Road -

Landing -

Lounge - 3.511 x 3.339 (11'6" x 10'11") - Overall measurement into bay window.

Kitchen - 3.003 x 2.281 (9'10" x 7'5") -

Bedroom - 3.596 x 3.112 (11'9" x 10'2") -

Bedroom - 2.863 x 2.127 (9'4" x 6'11") -

Bathroom/W.C. - Bath with shower mixer tap, wash basin and toilet.

Third Floor - 135A Euston Road -

Attic Room - 4.323 x 3.260 (14'2" x 10'8") - Not all full head height.

Lease Terms - We are advised that the commercial unit numbered 135 is let £600 per calendar month.
We are advised that the residential units numbered 135A is also let at £600 per calendar month.
Current gross annual income is £1200 per calendar month which equates to £14,400 per annum.

Services - Mains services available.

Rateable Value & Council Tax - Rateable value of 135 Euston Road £2,750.
Council tax band of 135A - now split as Flat 1 and Flat 2 both band 'A'.

Viewing Arrangements - Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please call to arrange or email:


More information from this agent

Nearest stations

  • Morecambe (0.4 mi)
  • Bare Lane (1.0 mi)
  • Lancaster (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fisher Wrathall Commercial, Lancaster

82 Penny Street, Lancaster, LA1 1XN

01524 930017 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Morecambe (0.4 mi)
  • Bare Lane (1.0 mi)
  • Lancaster (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fisher Wrathall Commercial, Lancaster

82 Penny Street, Lancaster, LA1 1XN

01524 930017 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 30719566. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fisher Wrathall Commercial, Lancaster . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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