Ground Floor Commercial Venture In Seafront Location!

Miles and Barr are delighted to be assisting with the marketing of this rare opportunity to become partnered with the Selina Hotel, Margate.

The premises is available on the following terms:

  • £25,000 rent per annum increasing by 5% per annum.

  • Utilities paid pro rata based on consumptions per sqm.

    A premium of £10,000 for the use of the existing fixtures and fittings (further information available on viewing).

Alongside the above the Selina Hotel have already secured a large amount of business over the next year. These events will be passed onto the new operator but with 20% of the events revenue generated by the Selina Sales Ecosystem (weddings, group lunches and group dinners only) going back to the Selina Group.

Additional benefits will include:

  • Operator keeps 100% of all F&B revenues

  • Breakfast revenue 2024 estimated £50k

  • Weddings revenue 2024 estimated £15k

  • Groups Lunch inclusive revenue 2024 estimated £10k

    Full details will be discussed upon viewing the premises.

 This is certainly not an opportunity to be missed

Commercial Leasing Fees:

An administration fee of £250+VAT is payable to Miles & Barr Property Management Ltd when leasing a Commercial property.

Room Sizes
Right Hand Side Restaurant 51' 2" x 18' 1" (15.60m x 5.50m)

Restaurant Kitchen 28' 10" x 11' 10" (8.80m x 3.60m)

Restaurant Wash Up Room 10' 2" x 7' 3" (3.10m x 2.20m)

Ground Floor Lobby/Working Area 37' 9" x 35' 1" (11.50m x 10.70m)

Cafe/Bar Area 26' 3" x 16' 5" (8.00m x 5.00m)

Co Working Area 36' 1" x 22' 8" (11.00m x 6.92m)

Meeting Room One 9' 6" x 12' 6" (2.90m x 3.80m)

Meeting Room Two 9' 6" x 12' 6" (2.90m x 3.80m)

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