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Marine Road West, Morecambe - Sold STC

Retail
Guide Price £80,000
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    FOR SALE Ground floor shop/cafe premises and flat. The shop benefits from an A3 planning permission and could therefore be used for either retail or food use. Accessed from the basement of the shop is a one bedroom flat. Offered with vacant possession.

    LOCATION
    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 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 subject property is situated on Marine Road with a wonderful aspect onto Morecambe Bay. The area is set to benefit from the completion of the new M6 Link Road.

    DESCRIPTION
    A Victorian mid terraced building consisting of a ground floor shop with basement flat. The shop has previously been used as a cafe and comes with kitchen facilities including a 4 hob cooker and extraction system to the rear. Stairs provide access to a basement which leads through to the one bedroom flat, which is also accessible from the rear of the property. The sale includes the freehold of the building, although the other flats upstairs are sold off long leasehold and are not included in this sale.

    ACCOMMODATION
    SHOP

    Total Retail Area - Approx. 490 sq ft (45.58 sqm)
    Total Basement Area - Approx. 407 sq ft (37.78 sqm)

    Net Internal Area - Approx. 897 sq ft (83.36 sqm)

    FLAT

    Entrance Hallway from Rear Entrance
    Bathroom - 1.57m x 2.14m
    Bedroom - 4.77m x 2.86m
    Open Plan Lounge/Kitchen - 4.57m x 5.0m

    SERVICES
    All mains services connected. The shop and the flat currently share the same services.

    TENURE
    Freehold. The upper floor flats have been sold off long leasehold and do not come with this sale.

    PLANNING
    The shop benefits from an A3 permission and could be used for retail or food use.

    RATING
    Rateable Value:- £2,700. Purchasers may be eligible for Small Business Rates Relief. Contact Lancaster City Council for details.

    VAT
    The property we understand has not been opted to tax. VAT will therefore not be payable on the purchase price.

    VIEWING
    Strictly by appointment with the sole agents, Fisher Wrathall, 82 Penny Street, Lancaster, LA1 1XN
    Tel : 01524 69922 email : commercial@fisherwrathall.co.uk

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