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Marine Road East, Morecambe, LA4 5AQ

£300,000

Business rates & charges may apply

Fisher Wrathall Commercial, Lancaster
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SECTOR

Residential development for sale

Key features

  • Morecambe promenade
  • Walking distance to proposed Eden Project
  • Investment opportunity
  • All 5 flats fully let generating healthy income
  • Present income some £27,078 per annum
  • Generous rear yard with parking

Description

Location

Morecambe is an extremely popular traditional seaside holiday resort sitting on the eastern shores of Morecambe Bay looking towards the Lakeland Fells.

Preston is located some 28 miles to the south, Lancaster 3 miles to the east and to the north west and north east lie the Lake District and Yorkshire Dales National Parks respectively.

Morecambe is benefitting from ongoing development and regeneration initiatives including the proposed Eden Project North for which a planning application has been submitted and approved but awaits satisfactory funding.

Designed to take into account the ecology of the Bay, Eden Project North will further enhance the tourist and resident attraction of Morecambe, once built, as well as further improve student diversity in conjunction with Lancaster University.

Description

FOR SALE - Prime Location Morecambe Sea Front. Investment property.

Block of 5 Flats, all fully let, with superb views across Morecambe Bay to the Lakeland Fells beyond.

Present income some £27,078 per annum. Rear yard area and parking space.

Traditional substantial 5 storey mid terraced residence in prime sea front location close to the iconic town hall.

The property has been split into 5 flats for a number of years, all fully let which provide an annual income.

Plus deep Upvc double glazed front bay window with excellent views, storage heater.

Excellent open marine views to the front. Ideal Investment property in a much sought after location.

Viewing absolutely essential to fully appreciate the location, potential and views.

Services

Mains services connected. All flats electric apart from the basement flat which has gas central heating.

Brochures

Marine Road East, Morecambe, LA4 5AQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Morecambe Station0.6 miles
  • Bare Lane Station0.9 miles
  • Lancaster Station2.8 miles

About Fisher Wrathall Commercial, Lancaster

82 Penny Street, Lancaster, LA1 1XN

Fisher Wrathall Commercial Estate Agents

Raising the bar of commercial sales and lettings through the use of the latest marketing techniques and technology.

Lancaster's longest established commercial estate agents and surveyors with over 130 years experience. We provide a full range of services in commercial property across North Lancashire and South Cumbria, including Lancaster, Morecambe, Preston, Blackpool, Carnforth, Kendal and the surrounding areas. Our services include land development, commercial property sales, lettings, management, and building surveying.

Notes

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Disclaimer - Property reference 17554522FH. 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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