House For Sale £399,950
A superb investment opportunity to purchase an established laundry business with a gross annual income of £120,000pa, set in terraced commercial unit with two 3-bed maisonettes situated above. Both maisonettes are currently let out for £580pcm and £640pcm - with the option to buy with tenants in situ.
The laundry premises is set across the ground floors of both 164 and 166 Lancaster Road and offers a shop frontage area, two work rooms, two laundry machine rooms and a staff room - plus a garage to the rear for additional storage.
164a Lancaster Road is the maisonette accessible from the front elevation with accommodation set over the first and second floors - offering three double bedrooms, lounge, modern fitted kitchen and four piece bathroom suite. The kitchen offers a range of wall and base units in cream gloss with granite effect worktops, integrated oven and hob with extractor hood. The spacious bathroom suite comprises fitted bath, separate shower cubicle, low flush WC and wash hand basin.
166b Lancaster Road is accessible from the rear elevation, with the accommodation also set over the first and second floors. This maisonette offers two reception rooms - one currently used as a dining room/home office - fitted kitchen, three piece bathroom suite and three double bedrooms. Alternatively the second reception room could also lend itself to an additional bedroom. The fitted kitchen offers a range of wall and base units in light wood effect with granite effect worktops, integrated oven and hob, plumbing for washing machine and space for freestanding fridge freezer. The bathroom suite offers a modern three piece suite in white comprising bath with wall mounted shower, low flush WC and wash hand basin.
Both maisonettes and the commercial premises benefit from double glazing and gas central heating.
Lancaster Road offers a mix of residential and commercial properties and is within easy reach of Morecambe Town Centre, offering a good footfall and a range of local amenities. Nearby transport links include bus routes, train station and the M6 link road ‘The Bay Gateway’ also offers swift access to the motorway and areas further afield including The Lake District.
Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. It is not company policy to test any services or appliances in properties offered for sale and these should be verified on survey by prospective purchasers.
The laundry premises is set across the ground floors of both 164 and 166 Lancaster Road and offers a shop frontage area, two work rooms, two laundry machine rooms and a staff room - plus a garage to the rear for additional storage.
164a Lancaster Road is the maisonette accessible from the front elevation with accommodation set over the first and second floors - offering three double bedrooms, lounge, modern fitted kitchen and four piece bathroom suite. The kitchen offers a range of wall and base units in cream gloss with granite effect worktops, integrated oven and hob with extractor hood. The spacious bathroom suite comprises fitted bath, separate shower cubicle, low flush WC and wash hand basin.
166b Lancaster Road is accessible from the rear elevation, with the accommodation also set over the first and second floors. This maisonette offers two reception rooms - one currently used as a dining room/home office - fitted kitchen, three piece bathroom suite and three double bedrooms. Alternatively the second reception room could also lend itself to an additional bedroom. The fitted kitchen offers a range of wall and base units in light wood effect with granite effect worktops, integrated oven and hob, plumbing for washing machine and space for freestanding fridge freezer. The bathroom suite offers a modern three piece suite in white comprising bath with wall mounted shower, low flush WC and wash hand basin.
Both maisonettes and the commercial premises benefit from double glazing and gas central heating.
Lancaster Road offers a mix of residential and commercial properties and is within easy reach of Morecambe Town Centre, offering a good footfall and a range of local amenities. Nearby transport links include bus routes, train station and the M6 link road ‘The Bay Gateway’ also offers swift access to the motorway and areas further afield including The Lake District.
Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. It is not company policy to test any services or appliances in properties offered for sale and these should be verified on survey by prospective purchasers.
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