An excellent opportunity to acquire a mixed-use property comprising of a ground floor shop and a spacious two- bedroom flat above offering an excellent investment or live/work opportunity. The ground floor features: - Two well proportioned main shop areas ideal for retail, office or studio use- A fitted kitchen to the rear which provides access to a WC, cellar and outside space. - Access to cellar that mirrors the footprint of the main buildingThe first floor flat benefits from: - Well presented fitted kitchen- Lounge with a bay window - Spacious bathroom - Two bedrooms with an additional loft room for storageThe property combines flexible commercial potential with comfortable residential accommodation, making it attractive to both investors and owner-occupiers. With Morecambe Bay’s highly anticipated Eden Project Morecambe, this area is poised for significant growth, making this a particularly attractive long-term investment.We would highly recommend an internal viewing to appreciate the size and standard of the property. AuctionThis property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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