Retail in Morecambe available for sale
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Retail Property for Sale near the Morecambe, UK

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Explore the Latest Morecambe Retail Properties for Sale

More details for Northgate, Morecambe - Industrial for Sale

Julia Works - Northgate

Morecambe, LA3 3AY

  • Industrial for Sale
  • £1,895,000
  • 26,307 sq ft
  • Smoke Detector

Morecambe Industrial for Sale

White Lund is the primary industrial and trade counter estate in the region with other trade counter occupiers including Toolstation, ATS Euromaster, Plumbase, Thomas Graham, Brewers Decorators Centre, Topps Tiles, City Plumbing Wolseley, as well as a number of car showrooms and retail uses. The subject property is situated in a prominent position on the corner of Northgate and Middlegate. The site has 3 entrance points into the car park providing access from multiple directions. The property is held freehold under Title No LA646198 shown in red in the adjacent plan. The blue boundary depicts the car parking and yard areas held freehold under Title No LAN118117 and held by a management company (the shares of the management company will also be transferred as part of any transaction).

Contact:

Cushman & Wakefield

Property Subtype:

Showroom

Date on Market:

02/10/2025
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Retail Properties for Sale Within 5 miles of the Morecambe, UK

More details for Chorley Rd, Bolton - Retail for Sale

The Cherry Tree Restaurant & Bar - Chorley Rd

Bolton, BL6 5LA

  • Retail for Sale
  • £1,950,000
  • 4,350 sq ft
  • Security System

Bolton Retail for Sale

An established independent restaurant + bar Impressive open plan trading area with approximately 220 covers External seating providing approximately 130 additional covers Extensive ancillary areas Detached bungalow available by separate negotiation High quality trading offer including recent extensions Planning consent for function room extension Car park with approximately 100 spaces Net turnover for Y/E 31/08/2024 £3,265,986 An impressive, highly regarded family owned restaurant and bar serving classic British food in a smart and stylish setting. The Cherry Tree Restaurant & Bar is a popular destination venue, well located on the A6 Chorley Road with more than 350,000 living within a 10km radius of the business. The Cherry Tree has been developed and improved by it's current owners, having formally traded as a traditional public house. The business which operates with a full complement of staff currently trades as a venue offering a high quality dining and drinking experience. The venue is situated in Blackrod, which is within the Metropolitan Borough of Bolton, in a prominent trading position on the A6 Chorley Road, approximately 6 miles from Chorley Town Centre and just over 8 miles from Bolton. Junction 6 of the M61 motorway is located just over 3 miles away at Horwich. The property is conveniently located close to the neighbouring suburbs of Blackrod, Horwich, Adlington and Chorley. The detached single storey property is of traditional construction with rendered elevation under pitched, tiles and felt roofs. There have been various extensions over the years, the most recent of which was the addition of the garden room, which was added in March 2020 and provided an additional 100 covers. The property is approached from it's main entrance to a reception area from which there is access to all of the public trading areas. Lounge Bar with seating for approximately 60 guests with additional attractive feature bar servery and modern furnishings and décor. The main restaurant is air conditioned and decorated/fitted out to the same high standard as the bar and provides approximately 160 covers in various areas. There is an additional feature bar in the main restaurant area which is used as a service bar. The rear dining area, which was completed more recently, benefits from a retractable roof system and sliding doors so that diners can enjoy the sunshine on brighter days. The business provides outdoor seating with a further 92 covers on a rear terrace and 42 covers to the front of the property. The Cherry Tree has a wide range of modern back of house facilities and amenities to support the day to day running of the business including: Ladies, gents and accessible WCs Commercial catering kitchen including preparation area, still and wash-up areas Cold and dry store facilities Beer cellar with spirits and wine store Administration office Cleaning stores Boiler and plant room We understand that the site extends to approximately 1.189 acres (0.481 hectares). The property is approached via access to an extensive lined tarmacadam car park with space for approximately 100 vehicles. There is a further extensive overfill parking area to the rear of the premises. In addition to the established trade, the business offers an ingoing purchaser the opportunity to increase and further develop trade by taking advantage of a planning consent to purchase and demolish an adjacent bungalow which is owned by our clients. This could provide an excellent opportunity to develop the trade by offering weddings, functions and other events. The extension could generate additional income, providing a further 80 covers with separate access, an additional independent bar, ladies and gents and accessible WCs and food preparation area. The adjacent bungalow, which is available by separate negotiation, is a well presented, detached single storey property which comprises an entrance hall, sitting room/dining room, fitted kitchen, 3 bedrooms, bathroom and a small enclosed private garden. The Cherry Tree Bar & Restaurant has an enviable reputation and is situated in an excellent trading location making it a very popular destination venue. Accounts provided by our clients show that the business generated a net turnover of £3,265,986 for the Y/E 31/08/2024 with a gross profit of £2,207,027 (67.6%). The business rates are payable to Bolton Council. We understand that the rateable value for the year commencing 1st April 2023 is £33,000. At the time of our inspection, the property was connected to mains electricity, gas, water and drainage. We understand that the property has a valid consent for its current use. We have been advised by our clients that the property has the benefit of a planning consent which was passed on 30 October 2023 to demolish the existing owners bungalow and replace this building with a function room/venue including a bar and ancillary areas including ladies, gents and accessible WCs. We would advise interested parties to make their own enquiries with the local panning authority (Bolton Council) in this regard. We are advised that the the hotel benefits from a premises licence. We are advised that all of the fixtures, fittings and other items associated with the running of the business will be included in the sale, with the exception of any items that might be leased on finance, details of which can be provided on request. Prospective purchasers should satisfy themselves that that all equipment is in full working order before completion. The freehold interest in The Cherry Tree Restaurant & Bar is being offered for sale as a going concern bar and restaurant business together with it's parent company GLT Management Limited (04880490) by way of a share sale transaction off an asking price of £1,950,000. Alternatively the Property is available as a going concern leasehold business with an Ingoing Premium of £500,000 at an annual rent of £125,000 per annum for a new 15 year lease.

Contact:

Graham & Sibbald

Property Subtype:

Bar

Date on Market:

17/06/2025
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More details for 154 Pall Mall, Chorley - Retail for Sale

154 Pall Mall

Chorley, PR7 2LD

  • Retail for Sale
  • £125,000
  • 1,313 sq ft

Chorley Retail for Sale

Hyde Estates present this rental opportunity in Chorley. The mid terrace commercial property is arranged over two floors, ideally situated on busy parade of shops in a predominantly residential area. Currently a Betfred bookmakers, suitable for either the rental market or an owner occupier. There is potential to convert the first floor into a residential apartment subject to planning. The approximate gross internal area is 121 SQ M / 1302 SQ FT.

Contact:

Hyde Estate & Letting Agents

Property Subtype:

Shopfront

Date on Market:

06/02/2025
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LoopNet UK Lancashire Retail Properties For Sale in Morecambe, UK

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FAQs about Retail property for sale in Morecambe

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Morecambe?
There are currently 1 Retail Properties available for sale near Morecambe. These Morecambe Retail Property listings have an average size of 26,307 sq ft. The largest available listing in Morecambe is 26,307 sq ft. The thriving commercial centre and excellent transport links in Morecambe make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Morecambe?
The average price/SF for Retail Property for sale in Morecambe is about £54. The cost per sq ft for Retail Property in Morecambe ranges from £54 to £54, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Morecambe?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £54 to £54 per square foot. While the average net initial yield for Retail Properties is 8.50%.
What is the largest Retail Property available for sale in Morecambe?
Currently, the largest Retail Property available to buy is 26,307 sq ft and the smallest is 26,307 sq ft. The average size of Retail Property available for sale in Morecambe is approximately 26,307 sq ft.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Morecambe, UK

With 1 retail units currently available for sale in Morecambe, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Morecambe, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Morecambe, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Morecambe can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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