Property photos
Freehold
Fixed price
£1,100,000
Retail premises for sale
High Street, Margate CT9Local area information
Property location
Nearby amenities
- Margate, Holy Trinity and St John's Church of England Primary School 0.3 miles
- Margate 0.4 miles
- Lighthouse School (SEN) 0.7 miles
- Westgate-on-Sea 1.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Margate to find out more about the local area.
Features and description
- Freehold
- Spectacular Veranda Views
- Accessible Via Two Entrances
- Large Usable Basement
- 358 Sqm In Total
- 3 x One Bedroom Flats
- 1 X Two bedroom flats
- £3,500pcm Income from Resi Flats
- EPC Rating B
Rare And Exciting Opportunity For A Mixed Use Investment In Extraordinary Location!
Miles and Barr Commercial are delighted to be assisting with the marketing of this mixed use commercial opportunity facing both Marine Drive and the High Street.
The premises comprises a large open plan retail area with a bar at the rear on the Marine drive entrance. There is also a central staircase leading into a usable basement area with an incredible ceiling height. Accessible via a staircase to the rear of the Marine Drive entrance, or via the High Street the premises also has a large restaurant area of which benefits from a veranda overlooking a spectacular view of Margate seafront. There is also a split level of which comprises two sets of WC’s and a managers office.
The Premises also consists of one two bedroom flat, and three one bedroom flats. The Rental Information is as follows.
Flat One (Two Bedroom): £950pcm...... Flat Two (One Bedroom): £875pcm..... Flat Three (One Bedroom): £875pcm
Flat Four (One Bedroom): Currently on the market for £800pcm.
This is certainly not an opportunity to be missed!
Rateable Value: £23,250
EPC: B
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. | We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
EPC Rating: E
Location
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Miles and Barr Commercial are delighted to be assisting with the marketing of this mixed use commercial opportunity facing both Marine Drive and the High Street.
The premises comprises a large open plan retail area with a bar at the rear on the Marine drive entrance. There is also a central staircase leading into a usable basement area with an incredible ceiling height. Accessible via a staircase to the rear of the Marine Drive entrance, or via the High Street the premises also has a large restaurant area of which benefits from a veranda overlooking a spectacular view of Margate seafront. There is also a split level of which comprises two sets of WC’s and a managers office.
The Premises also consists of one two bedroom flat, and three one bedroom flats. The Rental Information is as follows.
Flat One (Two Bedroom): £950pcm...... Flat Two (One Bedroom): £875pcm..... Flat Three (One Bedroom): £875pcm
Flat Four (One Bedroom): Currently on the market for £800pcm.
This is certainly not an opportunity to be missed!
Rateable Value: £23,250
EPC: B
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. | We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
EPC Rating: E
Location
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10 minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Floor plans and tours
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More information
Listed by
Miles & Barr - Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - Miles & Barr - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Miles & Barr - Commercial for full details and further information.