Property Details
Pugh Auctions
Auction: September 2018

70-71 Marine Road West, Morecambe, Lancashire, LA4 4ET

Property Details
Location

The property is located fronting Marine Road West, at its junction with Albert Road, in the centre of Morecambe overlooking the Promenade and Morecambe Bay. Morecambe Station is within 0.5 miles and Junction 34 of the M6 motorway is approximately 5.5 miles to the east.

Description

To be offered by auction. A mixed retail and residential investment comprising ground floor shop (with basement) with 3 no. apartments to the first, second and third floors, producing a combined rent of £13,560 per annum with a potential ERV of circa £25,000 per annum.

Accommodation


Description
Sq M
Sq Ft
Basement*
85.90
925
Ground Floor*
81.77
880
Floor areas taken from VOA website.


First Floor
Entrance hall, living room, kitchen, bathroom, 2 no. bedrooms
Second Floor
Entrance hall, living room, kitchen, bathroom, 2 no. bedrooms
Third Floor
Entrance hall, living room, kitchen, utility, bathroom, 1 no. bedroom

Planning

Interest parties should consult with the Local Planning Office: Lancaster City Council, Town Hall, Dalton Square, Lancaster, LA1 1PJ. Tel: 01524 582000.

Tenancy


The ground floor and basement is currently vacant.
The first floor flat is let by way of an AST agreement for 6 months from 8 August 2018 at a rent of £565 pcm (£6,780 per annum).
The second floor flat is let by way of an AST agreement for 6 months from 15 August 2018 at a rent of £565 pcm (£6,780 per annum).
The third floor flat is currently vacant.

General

Energy Performance Certificate (1st Floor Flat) = E
Energy Performance Certificate (2nd Floor Flat) = E
Energy Performance Certificate (3rd Floor Flat) = E

Addendum

The basement, ground floor and third floors are now vacant. The second floor flat has been let at a rent of £6,780 per annum. The total income is now £13,560 per annum.

Property Location Address:
70-71 Marine Road West,
Morecambe,
Lancashire,
LA4 4ET
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Auction Details
Auction: September 2018 Date: 6th September 2018 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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