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3 bedroom end of terrace house for sale
Clarence Street, Morecambe
£114,950
Clarence Street, Morecambe
£114,950
Our Summary
- FOR SALE - A unique mixed-use, single-storey, stone-built property in Morecambe presents a compelling opportunity for investors, developers, or end-users
- Description - This unique mixed-use property presents an excellent opportunity for investors, developers, or end-users, making it ideal for a variety of commercial ventures such as small business offices, commercial workshops, barber shops, laundrettes, or corner shops
- With planning permission already approved for short-term lets, this property is also perfect for those looking to start or expand a holiday let portfolio, offering high return potential especially with the anticipated Eden Project development in the area
- It is considered to hold clear potential for additional development on the site, should this be of interest to a future owner, as a single-storey property at the end of a row of four-storey properties
- The property has had planning permission to flats above the existing building and future plans have been produced showing a new building on the site that could accommodate up to six apartments or a mixed use development
- Redevelopment Prospects - This property offers promising future redevelopment prospects, with the potential to add additional storeys for residential flats while maintaining commercial use on the ground floor
- More information can be found on the planning portal quoting reference 24/00098/FUL
- Approved planning permission for short-term lets
- Potential for future redevelopment
Description
A unique, single-storey, stone-built property in Morecambe offers a compelling opportunity for investors, developers, or end-users. The property, covering over 1140 Sq Ft, features double-glazed windows, four rooms, a new shower room, and a kitchen, making it suitable for various commercial uses, such as small business offices, workshops, or holiday lets. With planning permission approved for short-term lets, it also presents an opportunity for high return potential, especially with the anticipated Eden Project development in the area. The property's versatility allows for expansion of current businesses or provides a foundation for start-ups, and its location offers strategic access to the town centre and seafront. Additionally, there are promising redevelopment prospects, with the potential to add residential flats above the existing building while maintaining commercial use on the ground floor, increasing its value and appeal in the market.