COVID-19 – Important Auction Information
For Sale By Auction | 13:00, 19 November 2020 | Lot 43

36 & 36A Yorkshire Street, Morecambe, Lancashire, LA3 1QE

*Guide | £55,000+ (plus fees)

  • Mixed Use
  • Tenure: See Legal Pack

Call the team on 0800 050 1234 for more information

Auction Date

Thu 19/11/2020

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Mixed Use Investment Opportunity Including a Ground Floor Retail Unit & Two Bedroom Maisonette Generating £7,280 per annum

Description The property comprises a three-storey mid terrace property providing a ground floor retail unit and self-contained maisonette on the upper floors. Accommodation 36 Yorkshire Street - a ground floor floor retail unit providing open plan front sales area with rear sales area, office, kitchen, w.c. and rear store. 36a Yorkshire Street - upper floor self-contained maisonette arranged over the first and second floors providing living room benefitting from a roof terrace to the rear, kitchen and landing on the first floor with 2x bedrooms, bathroom and landing on the second floor. The maisonette is accessed via a rear entrance with stairs leading to the main entrance for 36a Yorkshire Street. 36 Yorkshire Street: 36.19 sq m (389 sq ft) 36a Yorkshire Street: 58 sq m (624 sq ft) Location Located on Yorkshire Street, within close proximity of Regent Road, nearby seafront and the promenade. The Morecambe area currently enjoys improved access to the M6 motorway due to the opening of the Bay Gateway link road which provides enhanced access to Kendal, the Lake District, Preston and Central Lancaster, making it a perfect base for getting around for both work and leisure reasons. Tenancy 36 Yorkshire Street – Let at £195 per calendar month 36a Yorkshire Street – Let at £95 per week Total Income - £7,280 per annum)

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Lancaster City Council

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.