Miles & Barr Commercial are delighted to bring to market this great lock-up shop in the bottom end of Margate High Street. It is in a prime location, not far from the trendy eateries and galleries. The owner recently rennovated the property from top to bottom and has secured tenants for the flats above, so all that is left is for us to find him a commercial tenant to take over the ground and basement.
Usage class reformation in September 2020 has meant that this property on Park Place can be used for a number of commercial ventures from retail to cafe and office to indoor recreation incorporating historic classes A1,2,3 B1,2 D,1,2.
A new lease would be available at £13,500 per annum (payable monthly)
As with all commercial leases, the ingoing tenant is responsible for reasonable reimbursement of landlord legal fees to devise a new lease.
|Ground Retail Area||14.33m x 3.28m (47' x 10'9)|
|Ground Retail Alcove||3.30m x 2.31m (10'10 x 7'7)|
|Lower Ground Storage||16.76m x 3.10m (55' x 10'2)|
|W/C||2.08m x 1.32m (6'10 x 4'4)|