**UNDER OFFER**
The property comprises a three storey retail unit which is predominately of an open plan layout to the ground floor. The first floor comprises an additional sales area, storage and staff facilities.
( Agency Pilot Software Ref: 5584 )
Location
The property is prominently located fronting the junction of Euston Road and Marine Road Central in the heart of Morecambe. The Arndale Centre, the main shopping mall, is located approximately 100 yards to the east of the store. Occupiers in the vicinity include Costa Coffee, Savers, Burger King, Subway and a JD Wetherspoons.
Accommodation
There is an additional maisonette flat on the first and second floor, which is held under separate ownership (see tenure below).
FLOOR AREAS
Net Internal Areas:
Ground floor retail 76.33 sq m (822 sq ft)
First floor retail 20.00 sq m (215 sq ft)
First floor staff room & storage 10.86 sq m (117 sq ft)
TOTAL 107.19 SQ M (1,154 SQ FT)
Terms
The property is available for sale and is held freehold.
TENURE
The part first floor and whole of the second floor is held on a long lease title for a term of 125 years from 27th April 2005 at an annual premium of £1.00 (one pound).
SALE PRICE
£95,000
RATES – R.V. £10,750 (2017 list) Estimated Rates Payable £5,000 (2017/2018). This property may qualify for business rates relief, please contact Lancaster City Council on 01524 582000 or visit www.gov.uk/introduction-to-business-rates for further information.
VAT
All terms quoted are exclusive of, but may be liable to, VAT at the prevailing rate.
LEGAL FEES
Each party to be responsible for its own legal costs in connection with the transaction.