Location The property is prominently situated at the junction of Regent Road and Clarendon Road East. The premises are within a popular residential area providing a range of local amenities.
Morecambe town centre is within half a mile to the north. Regent Road connects to Marine Road West (A589) which is the main road and forms the Morecambe Promenade overlooking Morecambe Bay itself. Morecambe historically is a tourist town and the 2011 Census confirmed a resident population of 34,768.
Description Two substantial terraced properties providing ground floor retail area and 3 upper floors of living accommodation. There is also a basement storage area.
Accommodation The ground floor of 48 Regent Road has return frontage to Clarendon Road East and provides a ground floor retail unit inter-linked with 46 Regent Road and extends to approximately 228.9 m² (2,464 ft²). The upper floor accommodation to No. 48 Regent Road includes a maisonette over 2 floors which includes living room, kitchen, bathrooms and 4/5 bedrooms. It has a main entrance on Clarendon Road. All the residential accommodation has been fitted out to a good standard. Above 46 Regent Road there are 3 flats each on separate floors providing 2 bedrooms, living with kitchen area and separate bathroom facilities.
Services All mains electricity, gas, water and drainage are available.
Planning We understand the premises benefit from planning permission generally within Class A1 and C3 of the Town & Country Planning (Use Classes) Order 1987 (as amended). Interested parties should make their own enquiries via the local planning authority, Lancaster City Council (tel. 01524 582900).
Tenure and Occupational Lease Information The premises are available freehold subject to occupational leases in the form of a 10 year lease dated 30 April 2015 on an FRI basis subject to an annual rental of £10,500 per annum. The residential components are let on Assured Shorthold Tenancy Agreements on standard terms. The properties above 46 Regent Road are let individually. Two flats are let at £425 per calendar month and the third flat is let at £450 per calendar month. The maisonette above 48 Regent Road is let at £650 per calendar month. The total rental income is £33,900 per annum.
Guide Price Offers in the region of £375,000. This represents a return of 8.72% after standard purchasers costs.
For Sale - Commercial & Residential Investment - 44a - 48 Regent Road Morecambe
Location The premises are located within the well established Southgate Industrial Estate forming part of White Lund Industrial Estate being accessed off Southgate at the south end of the development. White Lund Industrial Estate provides excellent communication links via the newly opened Heysham Bypass (A683) which provides excellent communications with Junction 34 of the M6 motorway being approximately 3 miles to the north east.
Description The property comprises a detached warehouse/industrial unit of steel frame construction surmounted by rendered block walls beneath profile metal sheet roof. The premises offer industrial/storage accommodation predominantly over ground floor level together with a mezzanine floor. Access to the premises is via two commercial doors in addition to personnel doors from the yard/circulation area. The premises benefit from generally open plan accommodation mainly utilised for storage plus some office/administration areas in addition to 3- phase electricity, uPVC double glazing, fluorescent lighting, concrete floors and kitchen/WC facilities. Externally, the premises benefit from circulation/car parking (please refer to the title information)
Accommodation The gross internal floor areas have been estimated as follows:- m² ft² Ground floor 600 6,458 Mezzanine floor 380 4,090 Total 980 10,548
Services We understand that the premises generally benefit from mains electricity (3-phase), water and drainage.
Rating Assessment The premises have a Rateable Value of £18,250. Interested parties should make their own enquiries of Lancaster City Council rating department (tel. 01524 582920).
Planning We understand that the premises are suitable for useage generally falling within classes B1, B2 & B8 of the Town & Country Planning (Use Classes) Order 1987 (as amended). Interested parties are recommended to make their own enquiries with Lancaster City Council planning department (tel. 01524 582900).
Asking Price Offers in the region of £350,000.
For Sale - Detached Industrial Unit - 5a Southgate Industrial Estate, Whitelund, Morecambe
Type: Warehouse, Industrial, Office, Offices
UNIT 5A Southgate Trade Park, Southgate, Morecambe, LA3 3PBGBMorecambeLancashireLA3 3PBUNIT 5A, Southgate
The gym and training pitches are located adjacent Morecambe Football Club Globe Arena, situated on Christie Way, off Westgate being the main thoroughfare between Lancaster and Morecambe.
The location provides excellent profile whilst also providing easy access to Morecambe town centre circa 0.5 miles to the West and Lancaster approximately 3.5 miles to the south east along with the range of amenities they offer.
The Bay Gateway is now fully open to traffic connecting the Heysham and Morecambe peninsula to junction 34 of the M6 motorway, making the area very accessible to the wider regional and national motorway network.
This property comprises a range of all weather training pitches and gym premises which has been constructed to a high standard:
• Easy access via Westgate to both Morecambe and Lancaster • New M6 link road to the east • Gym and changing rooms overlooking the 1st team pitch extending to circa 595 m² (6,400 ft²) over 2 floors • Suitable for a variety of uses S.T.P
For Sale - Globe Arena Gym & Training Pitches - Christie Way, Westgate, Morecambe