Summary - 54a, Market Street LA12 7LS
2 bed 1 bath Shop
Compact town-centre shop with two-bed flat above — immediate income, renovation potential.
Retail unit with tenant in situ ensuring immediate rental income|Vacant two-bedroom flat above, independent access despite shared entrance|Compact overall size ~636 sq ft; small rooms throughout|Period mid-terrace construction, likely uninsulated sandstone/limestone walls|Electric storage heating; E energy rating — may need efficiency upgrades|No external space or garden; very small plot size|Medium flood risk and high local crime — insurance considerations|Excellent mobile signal; average broadband speeds
This mixed-use mid-terrace on Market Street, Ulverston, offers a compact, income-producing asset in the town centre. The ground floor is a functioning retail unit with a wide display window and an existing tenant in situ, delivering immediate rental income while the two-bedroom flat above is vacant and could be let separately or used by an owner-occupier. At about 636 sq ft overall, the property suits investors seeking town-centre stock or a small business owner wanting living accommodation above the shop.
The building’s period character and pedestrianised high-street position are strong location-led selling points — steady footfall, excellent local amenities and public transport links. Practical positives include double glazing and excellent mobile signal; nearby schools and a wide variety of shops and food outlets add local demand for both retail and residential lets. The sale is freehold, providing control over future uses and income streams.
Buyers should note material limitations: compact internal space, very small plot with no external garden, and a mid-terrace construction likely with uninsulated sandstone/limestone walls. Heating is by electric storage heaters and the property carries an E energy rating. There is a medium flood risk reported and local crime levels are high, which can affect insurance and tenant perceptions. The layout is straightforward yet modest — some refurbishment or energy-efficiency upgrades may be needed to maximise rental value.
Overall this is a pragmatic investment: predictable town-centre rental demand and mixed-use flexibility balanced against small scale, conservation-era construction and utility/insurance considerations. It will suit investors or owner-occupiers prepared to manage a compact shop-plus-flat in a busy high-street setting.
Shop for sale in Market Street, Ulverston, LA12 — £220,000 • 2 bed • 1 bath • 956 ft²
1 bedroom flat for sale in Market Street, Ulverston, LA12 — £200,000 • 1 bed • 1 bath • 754 ft²
2 bedroom house for sale in Cavendish Street, Ulverston, LA12 — £190,000 • 2 bed • 1 bath • 1708 ft²
Shop for sale in Queen Street, Ulverston, LA12 — £190,000 • 1 bed • 1 bath
Commercial property for sale in Shop & Flats, Market Place, Ulverston, LA12 — £210,000 • 2 bed • 2 bath • 933 ft²
High street retail property for sale in 22 Market Street, Ulverston, LA12 — £135,000 • 1 bed • 1 bath • 758 ft²
