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10 bed terraced house
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Our Summary
- With full planning permission granted (Ref: 23/00440/FUL) for a ground floor retail unit and four self-contained apartments (two x 2-bed and two x 3-bed), this stripped-back property offers a true blank canvas for developers and investors, with the added bonus of being fully reroofed earlier this year
- Offering the potential for a high-quality mixed-use scheme with an anticipated rental income of around £50,000 per annum, this is an exciting investment opportunity with no onward chain and is located close to shops, transport links, Morecambe Train Station, the seafront and the future Eden Project North
- Offering excellent development potential in one of the North West's most exciting regeneration hotspots, with a No Chain purchase
- The property benefits from full planning permission (Ref: 23/00440/FUL) for the creation of a ground floor retail unit together with four self-contained apartments, comprising two 2-bedroom apartments and two 3-bedroom apartments
- Having been stripped back internally and a reroofed entirely earlier this year, the building provides a genuine blank canvas, allowing developers and investors the flexibility to complete the project to their own specification and finish
- Whether you're an experienced developer or investor seeking your next project, this is an exceptional opportunity to create a high-quality, mixed-use development in one of the most beautiful seaside towns in the North of England
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Description
This substantial mid-terraced mixed-use property in Morecambe town centre offers a rare development opportunity. The property features a ground floor retail unit and four self-contained apartments, with two 2-bedroom and two 3-bedroom apartments. The building has been stripped back internally and reroofed entirely earlier this year, providing a blank canvas for developers and investors.
The property benefits from full planning permission for its current layout, and its ideal location in the heart of the town centre offers easy access to shops, transport links, the seafront, and the future Eden Project North.