Investment Properties for sale in Morecambe

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 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Freehold Price: £299,500
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Business Description
Fantastic Location
Rental Income £14,000 Per Annum
Semi Detached 3 Storey 6 Bed Property
High Spec Fixtures & Fittings
877 Sq Ft of Retail Space Available
EPC Rating - Not Required

Fantastic opportunity to purchase a well established business and property situated in a prime location close to both Morecambe town centre and the promenade.

The semi-detached three storey property is located on Albert Road, just seconds from the sea front and is in superb condition throughout. The double fronted shop premises have a pleasantly laid out waiting and servery area, with three fixed tables accommodating fourteen chairs for indoor dining and a high fronted service counter with an adjoining fitted food warmer. To the rear of the counter is the food preparation area which is fully equipped with very high spec fixtures and fittings, preparation tables, stainless steel extraction and a walk in fridge. To the rear of the main preparation kitchen is a secondary kitchen also fully equipped, staff facilities and a large storage area. Steps lead down to the large cellar which is currently utilised for storage purposes.

The business was well established and had a regular turnover exceeding three thousand pounds per week and was open seven days a week from 4:00pm until 12:30am .There is a separate entrance to the private accommodation adjoining the shop. Steps lead to the first floor which contains three bedrooms, all double size and a fitted bathroom. On the second floor are two more bedrooms, one en suite, another bathroom and an extremely large lounge which has spectacular views over Morecambe Bay. The third floor has been converted into a study and contains walk in wardrobes, and is fully fitted throughout.

The private accommodation has been fitted out to a very high standard by the current owners and with the fantastic views over Morecambe Bay must be viewed to be fully appreciated.

Three fixed tables, fourteen chairs, food warmer, walk in fridge, pizza topping fridge, 2 x pizza preparation tables, 2 x stainless steel tables, dough machine, 4 X pizza oven, heat box, 5 x deep fat fryers, kebab grill, charcoal grill, 6 pan bain marie, fridges and freezers.
Tenure: Freehold

Accommodation Details:

Double fronted shop premises, waiting area. Preparation kitchen storage area, cellar, staff facilities. Six bedroom private accommodation situated on 3 floors comprising of a large lounge, fitted kitchen, six bedrooms (master bedrooms comes with en-suite bathroom) and a sixth attic room which doubles as a bedroom and a study room with fitted wardrobes, 2 bathrooms one with utlity room and balcony looking out onto beautiful bay views.

Location Details: Morecambe

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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