135 Heysham Road, Heysham, Morecambe, Lancashire

Description

Commercial retail/showroom premises extending to approximately 7,700 sqft, being sold with vacant possession. The property offers flexible accommodation suitable for a variety of commercial uses, with a prominent central customer entrance leading into the main showroom, two roller shutter loading doors and customer parking to the front. The layout may be suitable for subdivision into two or three self-contained units, subject to relevant planning consents and occupier requirements, with potential for conversion into a semi-industrial or trade counter, subject to relevant consents.

Accommodation

Extensive open plan retail/showroom space, generous storage facilities, office accommodation, staff room/kitchen facilities, WC amenities and two mezzanine levels providing additional storage or ancillary space.

Location

Located at 135 Heysham Road, Heysham, Morecambe, Lancashire LA3 1DE.

Tenure / Property Information

Investment Analysis

Vacant freehold commercial retail/showroom of approximately 7,700 sqft. The £195,000 guide equates to approximately £25.32 per sqft, but the supplied sold comparables are not sufficiently comparable for a reliable market value or GDV assessment. No supported rental evidence applies to this property.

Investment Snapshot

Strategy Recommendation

Proceed only after commercial valuation, planning review, building survey, letting evidence and legal-pack review. Do not rely on the guide price as market value.

Works Required

Assess the existing showroom, storage, offices, mezzanines, loading doors and customer parking. Any subdivision into two or three units, conversion to semi-industrial or trade-counter use, and associated works require planning and occupier feasibility checks. No refurbishment budget is supported by the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR analysis cannot be quantified because no supported GDV, rent, refurbishment cost or commercial refinance valuation is available. Vacant possession creates a letting and finance execution requirement.

Buy-to-Let Analysis

BTL analysis cannot be established. This is a commercial property, and no applicable achieved or advertised rent is supplied. The £500 pcm listing relates to 34 Heysham Road and is not reliable evidence for this property.

Flip Analysis

A flip surplus cannot be calculated. The supplied comparables are different property types or otherwise insufficiently comparable, and no supported resale value, works cost or selling allowance is provided.

Investor Risks & Due Diligence

• Vacant commercial property with no supported tenant or passing rent.

• Subdivision or change to semi-industrial or trade-counter use requires relevant consents.

• Building condition and refurbishment costs are not evidenced.

• Business rates are stated at £24,500 from 1 April 2026.

• Special conditions may include search fees, seller costs, legal fees, transfer fees and other disbursements.

• Commercial resale and refinance values cannot be supported from the supplied comparables.

Recommendation

Proceed only after commercial valuation, planning review, building survey, letting evidence and legal-pack review. Do not rely on the guide price as market value.

Strategy Rating

Analysis Confidence

The property description is detailed, but there is no applicable rent, comparable commercial valuation, condition-based works budget, GDV evidence or refinance evidence.