Summary - 2, LUNEDALE HOUSE, MARKET STREET LA4 5DW
1 bed 1 bath Shop
Substantial freehold retail with planning for three flats and seaside location.
Total c.4,650 sq ft across two adjoining retail units
A substantial freehold retail investment in the heart of Morecambe, this pair of adjoining units totals about 4,650 sq ft across ground and first floors. The premises benefit from high town-centre visibility opposite the Arndale Centre and sit a short walk from the promenade, offering clear footfall and seaside-linked demand.
Planning approval exists to convert the upper parts into three apartments, creating immediate residential development potential alongside continued retail use. Unit 1 (approx. 2,145 sq ft) is currently vacant; Unit 2 (approx. 2,420 sq ft) is tenanted, so the asset suits investors wanting rental income or an owner-occupier seeking larger space and conversion upside.
Buyers should note material issues: the flat roof shows visible wear and will require repair, the property is elected for VAT, and the surrounding area records very high crime and significant deprivation — factors that will affect lettings, insurance and management costs. Broadband speeds are average but mobile signal is excellent.
Overall this is a priced-to-sell, large town-centre property with mixed commercial and residential potential. It will suit an investor or developer comfortable managing refurbishment, roof repairs and local market challenges to unlock rental or conversion value.
High street retail property for sale in Euston Road, Morecambe, LA4 5DG, LA4 — £100,000 • 1 bed • 1 bath • 1488 ft²
High street retail property for sale in Lunedale House, Euston Road, Morecambe, LA4 5DB, LA4 — £225,000 • 1 bed • 1 bath • 4638 ft²
High street retail property for sale in Euston Road, Morecambe, LA4 5DG, LA4 — £100,000 • 1 bed • 1 bath • 1393 ft²
1 bedroom apartment for sale in Market Street, Morecambe, LA4 — £130,000 • 1 bed • 1 bath • 1614 ft²
10 bedroom terraced house for sale in Marine Road Central, Morecambe, LA4 — £495,000 • 10 bed • 5 bath • 8792 ft²
5 bedroom house for sale in Marine Road Central, Morecambe, LA4 — £350,000 • 5 bed • 1 bath • 1013 ft²
