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Pedder Street, Morecambe, LA4
ReducedKey Features
- For Sale By Online Auction 12th - 13th November
- All Enquiries To Auctioneer Auction House Northwest 01772 772450
- Freehold Sale With Good Rental Return In Prime Town Centre
- 3 X Good Tenancies Comprising Shop Unit And Two Flats
- 7.5% Yield With Potential To Increase - Large Rear Storage Unit
Description
Prominent three storey building which provides a exciting investment purchase. The location takes full advantage of a central position close to the site of the proposed Eden Project.
The building comprises two flats and a ground floor shop unit. In addition there is a large rear storage unit ideal for conversion or additional income subject to required alterations and authority.
All three units are on lease agreements providing good regular incomes. The first floor flat is a one bedroom flat and the second floor flat is two bedroom.
The location is directly opposite Pedder Street car park and the main shopping centre. There is good access to all the town centre restaurants and bars and a close proximity to the railway station.
The Morecambe area now has direct access to the M6 following the opening of the Bay Gateway Link Road.
Tenure : Freehold
Council Tax Band : A
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.