Summary - 38, CLAREMONT ROAD LA4 4HL
3 bed 1 bath Flat
Large live/work building ripe for refurbishment and future growth.
Victorian terrace mixed-use with ground-floor shop and upper flat
A rare mixed-use opportunity in Morecambe: a Victorian terrace combining a ground-floor shop with a spacious two-bedroom flat and a loft room above. The building offers generous overall floor area (approximately 1,972 sq ft), high ceilings and a cellar that mirrors the shop footprint — useful for storage or conversion for commercial use. The flat has a bay-window lounge, fitted kitchen and a sizeable bathroom; the shop includes two main retail/office areas, a rear kitchen, WC and outside yard.
This property is offered via the Modern Method of Auction and is chain-free. Buyers should note the sale terms: a non-refundable reservation fee (4.5%, minimum £6,600) and additional buyer costs for the information pack and optional services; allow 56 days to complete. Tenure is unknown and prospective buyers should check mortgage suitability and inspect with advisors before bidding.
Practical positives include fast broadband and excellent mobile signal, proximity to many local amenities and several good schools within reach. The location could appeal to investors seeking a live/work setup or owner-occupiers prepared to let the shop or reconfigure space.
Important drawbacks: the area has very high crime and is very deprived, and some internal areas show maintenance needs and clutter. The property will require refurbishment and ongoing management to reach full rental or retail potential. These factors, plus auction purchase costs, should be considered in any offer or bid.
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