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Liverpool Road North, Burscough Studio for sale
a Liverpool Road North, Burscough
£110,000
a Liverpool Road North, Burscough
£110,000
Our Summary
- TO BE SOLD BY ONLINE AUCTION ON 12TH NOVEMBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS
- Freehold vacant commercial premises, currently used as a dance studio, offering an excellent opportunity for conversion into two - two bedroom flats (subject to planning)
- The premises are positioned above the commercial units and wrap around the rear of the building in an L-shape, providing a generous and flexible layout ideal for potential reconfiguration into two self-contained two-bedroom apartments (STPP)
- The owner also benefits from the right of access via the front staircase and use of the external space to the rear, further enhancing the property’s practicality and development potential
- This property offers excellent potential for strong margins and return on investment, making it a highly appealing opportunity for both developers and landlords
- A versatile investment opportunity not to be missed
- Potential For Conversion Into 2 Flats SSTP
- TO BE SOLD BY ONLINE AUCTION
- To be sold by online auction
Description
This vacant commercial property, currently used as a dance studio, offers a unique opportunity for conversion into two two-bedroom flats (subject to planning). The property comprises two spacious studios, two toilets, a kitchen, and storage areas, with a flexible layout ideal for reconfiguration. The sale includes the freehold of the entire building, including the commercial units below, and benefits from access via the front staircase and external space to the rear. With two-bedroom apartments in the area highly sought after, the potential for strong sales and rental figures is high. Once converted, the combined end value could reach £325,000-£360,000, or generate a projected annual rental income of £20,000-£22,000, representing a healthy gross yield of around 9%. This is a versatile investment opportunity not to be missed.