High Street, Margate, CT9

commercial retail property for sale

Guide price £1,299,999 For Sale

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.

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