Summary - Market Square, Millom, LA18 LA18 4HZ
1 bed 4 bath Restaurant
Prominent freehold restaurant unit with rental income and redevelopment potential.
Large freehold commercial unit with wide Market Square frontage
A prominent, large freehold commercial unit on Market Square, Millom, currently let and producing a steady rental income. The ground-floor premises have wide street frontage, large display windows and practical back-of-house space including kitchen, multiple stores and several bathrooms — layout suited to restaurant, retail or mixed-use conversion. The tenanted income is modest now (£5,748 pa) but the size and location offer scope for higher returns or redevelopment subject to market demand and consents.
This property will suit a hands-on investor or developer prepared to assess future re-letting or repurposing. The building sits in a very deprived town-centre area with above-average crime statistics and ordinarily average broadband and mobile signal; those local-area factors can affect footfall and lettable values. There is no flood risk and the plot is large for a town-centre parcel, which may allow rearrangement or extension subject to planning.
Buyers should note the unit is in a mixed condition typical of long-running hospitality premises and will likely need refurbishment to reach higher rental levels or a new use. A buyer’s premium applies on sale; full investment detail and Let Property Pack should be reviewed to confirm current tenancy terms, service arrangements and outgoings before offer. This is a clear opportunity for an investor who can take a medium-term view and manage improvement or change of use.
Leisure facility for sale in Market Square, Millom, LA18 — £60,000 • 1 bed • 2 bath • 4306 ft²
Hairdressers or barber shop for sale in Market Square, Millom, LA18 — £50,000 • 1 bed • 1 bath • 1195 ft²
Shop for sale in Market Square, Millom, LA18 — £40,000 • 1 bed • 1 bath • 827 ft²
Storage facility for sale in Market Square, Millom, LA18 — £16,000 • 1 bed • 1 bath • 828 ft²
1 bedroom flat for sale in Market Square, Millom, Cumbria, LA18 — £55,000 • 1 bed • 1 bath • 484 ft²
Commercial property for sale in Wellington Street, MILLOM, LA18 — £65,000 • 1 bed • 1 bath
