Description

Development Opportunity, Town Centre
Queen Street, Morecambe Bay
Offers Over £375,000 freehold

Summary

Previously a hotel, this substantial property currently operates as ‘NowHere Lounge & Bar’

Superb prominent high street location, fantastic development opportunity to be one of Morecambe Bay’s premium bars and restaurant

Potential for several multiple alternative uses within the same property

Key Features
Development opportunity
GDV £1m
760 sq/m
Sensational location
Fantastic Opportunity
Seaside town
Incredible value
Investment opportunity

Opportunity

Quite simply one of the best opportunities for a freehold high street property in Morecambe

Suitable for many uses including the division of the property

Morecambe Bay is home to the new ‘Eden Project’ opening in 2025

‘NowHere’ currently trades on weekend evenings throughout the year, increasing to seven days a week in peak season

Development Opportunity

At over 700 square metres, the substantial property could easily be divided into separate titles, subject to planning, the prominent position on the high street is absolutely perfect for many other sectors, such as –

Convenience Store
Micro-brewery
Hairdressers / Beauty Salon
Dental
Pharmacy
Retail
Residential accommodation
H.M.O.
Holiday Let
Hotel
Nightclub

Location
‘Nowhere’ is on Queen Street, the epicentre of Morecambe Bay’s hospitality sector, surrounded by restaurants, bars and retail shops

Morecambe Bay has just been ranked the ‘Fourth Coolest Place to Live in the UK’

The stunning location is at the foothills of the world famous ‘Lake District’

The ‘Eden Project’ is due to open in 2025

Internal Details

‘Nowhere’ currently trades on the ground floor only

There is a large flat on the first floor, with three additional bedrooms on the second floor

The huge function room on the first floor is accessed separately through the bar, access is possible from the rear of the property

Please see the floorplans for further details

External Details

Courtyard and private parking at the rear of the property

Fixtures & Fittings

All fixtures and fittings not personal to our clients are included in the sale

Tenure

Nationwide Business Sales are thrilled to offer this wonderful opportunity to the market on a freehold basis for ‘Offers Over £375,000’

Additional Information

Work started on the ‘Eden Project’ in Jan 2023, for which the government have committed £50m from the ‘Levelling Up’ budget

The £100m eco-attraction will transform Morecambe Promenade and regenerate the whole area through the increase in visitor numbers throughout the year – injecting an estimated £200m per year to the local economy