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Clarence Street, Morecambe 3 bed end of terrace house for sale
Clarence Street, Morecambe
£110,000
Clarence Street, Morecambe
£110,000
Our Summary
- More information can be found on the planning portal quoting reference 24/00098/FUL
- 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
- 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
- Approved planning permission for short-term lets
- Potential for future redevelopment
Description
This property is a unique opportunity for investors, developers, or end-users, offering a serene residential neighborhood setting with easy access to Morecambe town center. The single-storey, flat-roofed, end-terrace stone-built commercial property has been recently reroofed and renovated to a modern specification, covering over 1140 Sq Ft. It features double-glazed windows, four rooms, including a new separate shower room and kitchen, and ample storage space. With planning permission approved for either a commercial use or holiday let, this property presents a valuable acquisition opportunity. Its size, versatility, and recent updates make it an ideal investment for those looking to capitalize on the growing demand for modern, well-located commercial or holiday rental properties. The property's location, just around the corner from Morecambe town center and a short distance from the seafront and site of the Eden Project, offers promising future redevelopment prospects, including the potential to add additional storeys for residential flats while maintaining commercial use on the ground floor.