Market St - Lunesdale House 4,650 SF Retail Unit Offered at £395,000 in Morecambe LA4 5DW
INVESTMENT HIGHLIGHTS
- Morecambe town center location
- Short walk to Morecambe Promenade
- Planning Approved
EXECUTIVE SUMMARY
The premises are situated within Morecambe town centre and within a short walk of the promenade and sea views. 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 Morecambe for which some funding has recently been granted. Designed to take into account the ecology of the Bay, Eden Project Morecambe will further enhance the tourist and resident attraction of Morecambe, once built, as well as further improve student diversity in conjunction with Lancaster University.
PROPERTY FACTS
| Price | £395,000 |
| Unit Size | 4,650 SF |
| No. Units | 1 |
| Total Building Size | 17,538 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Number of Floors | 2 |
| Typical Floor Size | 9,109 SF |
| Year Built | 1926 |
AMENITIES
- Security System
- Roller Shutters
- Storage Space
- Air Conditioning
1 UNIT AVAILABLE
Unit 1/2
| Unit Size | 4,650 SF |
| Price | £395,000 |
| Price Per SF | £84.95 |
| Unit Use | Retail |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
DESCRIPTION
Two premises being offered together for sale with Unit 1 being former estate agency and Unit 2 being tenanted by Wolfwood.
Unit 1 is end terraced and offers some 2145 square feet or thereabouts overall. Unit 2 is mid terraced and offers some 2420 square feet or thereabouts overall.
Any queries as to use should be directed to the local planning authority.
Extensive accommodation on both ground and first floors with high visibility within the shopping centre opposite Subway and entrance to the Arndale Centre. Rear service road known as Derby Street.
SALE NOTES
Units 1 and 2 Lunedale House on Market Street in the centre of Morecambe being sold together. Substantial premises with potential to alter the first floor areas into residential accommodation. We understand planning approval has already been given for conversion of all the upper parts into 3 apartments
NEARBY MAJOR RETAILERS
