Location

The property is located on Yorkshire Street in the West End of Morecambe, an established area characterised by a mix of commercial and residential properties. The position benefits from close proximity to the promenade, providing strong appeal for both occupiers and residents, and contributing to steady footfall and local activity.

The location is also set to benefit from the forthcoming Eden Project North, which is anticipated to open on Morecambe's promenade by 2028. This major regeneration scheme is expected to significantly enhance the area's profile, increase visitor numbers, and support long-term economic growth. As such, the property is well positioned to capitalise on future regeneration, making it an attractive prospect for investors and owner-occupiers alike.

Description

This owner-occupied double-fronted commercial property offers an attractive mixed-use opportunity, ideal for investors or owner-occupiers seeking both commercial income and residential potential. The ground floor was previously configured as two separate retail units; however, the internal dividing wall has been removed to create a larger, open-plan commercial space, providing flexibility for a range of business uses or the option to reconfigure back into two units, subject to requirements and consents.

The upper floor comprises a self-contained two-bedroom residential accommodation, which is currently vacant. This presents an excellent opportunity to generate additional rental income or provide owner-occupied living space above the commercial premises. The combination of a prominent commercial unit with residential accommodation above enhances the overall investment appeal, offering dual income potential and long-term flexibility.

Overall, the property represents a strong purchase for investors seeking a balanced return from both commercial and residential elements, with scope to maximise income through letting, owner occupation, or future reconfiguration, subject to the necessary permissions.

Accommodation Text

The ground floor commercial accommodation is arranged as two shop floors, currently divided by a half-height retaining wall and internal doorway. This configuration provides flexibility, with the potential to reinstate two separate trading areas, each benefitting from High Street access, subject to operational requirements. To the rear of the commercial space is a separate kitchen and WC, along with an additional room suitable for use as storage or an office. The property further benefits from a cellar, providing useful additional storage. Rear access leads to two private parking spaces serving the property, enhancing practicality for staff and deliveries.

The residential accommodation is arranged over the upper floor and comprises two double bedrooms, a bathroom fitted with a shower and bath unit, and an open-plan kitchen and living area. The flat benefits from its own separate access to the rear of the building via a small external landing, ensuring privacy from the commercial element. Additional external features include designated bin storage to the rear of the building.

Services

Electric and water supply connect. Sub meter connect for recharging residential electric usage.

EPC Information

To be advised

Use Class

Retail - E

Lease Terms

Purchase as vacant possession

VAT

Price quotes is exclusive of VAT but may be liable. Property not registered for VAT.