FOR SALE
633266
95823 / Rightbiz
Morecambe town centre location
Close to seafront attractions
Substantial two storey building
Open plan bar area (200 capacity)
Five letting rooms and function suite
Development opportunity/near Eden Project
SELLER REF 95823
Nowhere is a lounge bar located on Queen Street in the heart of Morecambe, a seaside town situated on Morecambe Bay, Lancashire. The town has beautiful beaches and an award-winning promenade and is one of the best places in the UK for high adrenaline outdoor activities such as sailing, paragliding, parachuting and windsurfing. Morcambe is within easy reach of the historic city of Lancaster and the Lake District National Park. It has recently been subject to much investment and regeneration: the Eden Project North is scheduled to open on Morcambe Promenade in 2028 and is expected to revitalise the town by attracting visitors, creating jobs and boosting the local economy. The town is served by Junction 34 of the M6 motorway (via the A683) and has an excellent public transport system which includes Morecambe train station and the Isle of Man ferry terminal. Nowhere is a substantial, mid-terrace property over three storeys. It is of brick construction under a pitched slate roof and briefly comprises:
TRADE AREAS
Porch vestibule leading to open plan TRADE AREA with central, wood constructed bar servery with well-equipped back bar and Altro nonslip flooring. The trade area features wood flooring and laminate to the bar area. It has loose and fixed bench seating and a raised seating area and has a capacity of 200. There is also a pool table, a darts throw, a DJ booth and a raised stage area. Ladies’ and Gentlemen’s TOILETS offset. To the rear of the trade area is a STAFF WC and an ON LEVEL CELLAR. There is also a BASEMENT CELLAR.
There is stairway access from the rear of the ground floor trade area leading to an additional first floor area comprising a former FUNCTION ROOM, a PREP KITCHEN and a small STOREROOM. These areas are currently undeveloped and in need of refurbishment.
OWNERS ACCOMMODATION
Located on the first floor and comprising a spacious LOUNGE, DOUBLE BEDROOM, BATHROOM with shower cubicle and KITCHEN.
To the second floor are four bedrooms: three DOUBLES and one SINGLE.
EXTERNAL
REAR YARD with parking for two vehicles and seating for approximately 20. OUTBUILDINGS which are currently used as STORAGE but have the potential to be converted into a CATERING KITCHEN (STPP).
Nowhere operates as a late-night venue and is currently trading on Fridays, Saturdays and Sundays. The property is an ideal, mixed-use investment/development opportunity and could be developed further to take advantage of its prominent High Street position close to Morecambe’s promenade. As stated above, the creation of Eden Project North on the promenade is expected to increase tourism, create new jobs and boost the local economy.
Full trade accounts can be made available to interested parties upon request and with the consent of our client.
FREEHOLD £425,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
We are advised that a full premises licence is held for the retail of alcohol. The agent has not had sight of the licence.
SERVICES
All mains services are connected: gas, electricity, water and drainage.
Rateable Value: £7,750 as at 1 April 2025.
Local Authority: Lancaster City Council.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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