Cliff Terrace, Margate, CT9

commercial retail property for sale

Sold Subject To Contract

8.5% Yield Investment opportunity!

Miles and Barr Commercial are delighted to bring to the market this investment opportunity situated in the heart of Margate.

The current tenants are in the process of signing a new ten year FR & I Lease at an annual income of £38,400pa. The property is currently occupied by the company "Haeckels" of whom have brought the property up to an incredibly high standard.

The company occupies the property in it's entirety of which consists of three floors and a basement. Full floor plans can be seen below.

Viewings by appointment only as the business is still trading.

Room Sizes
Frontal Basement 3.621 x 4.942 (11'10" x 16'2").

Mid Basement 3.574 x 5.992 (11'8" x 19'7").

Rear Basement 2.5 x 5.692 (8'2" x 18'8").

Ground Floor
Frontal Sales Area 3.835 x 2.653 (12'6" x 8'8").

Ground Floor WC 1.988 x 0.98 (6'6" x 3'2").

Mid Sales Area 3.45 x 4.1 (11'3" x 13'5").

Rear Sales Area 4.0 x 3.3 (13'1" x 10'9").

Back Sales Area 4.5 x 4.57 (14'9" x 14'11").

First Floor
Frontal Sales Area 3.699 x 2.972 (12'1" x 9'9").

Mid Sales Area 3.2 x 4.01 (10'5" x 13'1").

Rear Sales Area 3.62 x 4.54 (11'10" x 14'10").

Second Floor
Frontal Sales Area 3.1 x 3.4 (10'2" x 11'1").

Bathroom 0.9 x 2.28 (2'11" x 7'5").

Rear Sales Area 5.865 x 4.02 (19'2" x 13'2").

Rear Room 2.27 x 3.59 (7'5" x 11'9").

Margate Area Guide

Margate – Shoreditch-on-sea Investment into Margate over the last five years has seen the town undergo a complete revival and it is continually on the up. Many have begun referring to it as Shoreditch on sea for its hip independent stores. Margate has a thriving culture with new cafés, restaurants and a good mix of independent and chain shops continuing to