An opportunity to purchase this prominent sea front property located on promenade in central Morecambe. The location has breathtaking views over Morecambe Bay toward the Lakeland fells and scenery. The property provides a super commercial opportunity to purchase five spacious one bedroom apartments.
The property comprises of a spacious one bedroom flat on each level. Externally the property has a good size garden frontage and a enclosed rear yard area.
This property has provided the current owners with a good consistent income. However we believe with improvement we believe the income could be improved with development of the accommodation. The location has a great range of amenities which includes access to the town centre, schools, railway station and Promenade. There are road links and regular bus services providing access to the town centre, nearby Bare village and Lancaster city.
The location takes full advantage of the recently opened Bay Gateway link road which provides enhanced access to the Lake District, Kendal, Yorkshire Dales, Preston and central Lancashire.
The Morecambe area is currently under review for the potential construction of the Eden Project North which we believe will significantly enhance the popularity of the area and boost the local economy.
Internal viewing is highly recommended to appreciate the space and potential of this property.
Please Note: At the time of marketing we have been unable to access all the flats, therefore we have been unable to verify details and measurements for some of the flats, and any information provided should only be used as a guide.
Freehold information: Five Flats: Each Flat is in Council Tax Band A
Council Tax Information: Band A
Agent Note In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.
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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