Business Summary

LARGE DOUBLE FRONTED COMMERCIAL PROPERTY ON MARGATE SEAFRONT. GROUND FLOOR LADBROKES BETTING SHOP, FURTHER 3 FLOORS CONSISTAING OF 2 VERY LARGE 3 BEDROOM FLATS AND 1 FOUR BEDROOM VERY LARGE FLAT. PROPERTY ALSO HAS LARGE BASEMENT CURRENTLY UNUSED, HISTORICALLY USED AS A BAR. 32' PRIME ROAD FRONTAGE. JUST £415,000.00 TAKING OFFERS! LARGE REDEVELOPMENT IN THE MARGATE AREA, GREAT FUTURE INVESTMENT OPPORTUNITY. PROPERTY GENERATES £28,000.00 ANNUAL INCOME, POTENTIAL TO INCREASE TO £35,000.00 PA. CONTINUE AS-IS, OR REDEVELOP WITH 2 COMMERCIAL UNITS ON GROUND FLOOR, AND 6 FLATS ON HIGHER FLOORS. GOOD RE-SELL VALUES.

DOUBLE FRONTED LARGE COMMERCIAL PRPERTY. MARGATE SEAFRONT LOCATION. EXCELLANT RENTAL RETURNS. GREAT POTENTIAL TO DEVELOPE.

Property consists of; Basement with front street access, with approximately 1,400.00' sqft appx. Ground Floor Ladbrokes Betting Office 1,800.00' + sqft . 1st floor 3 bedroom flat 800' sqft appx + rear terrace 2nd Floor 3 bedroom flat 800' sqft appx.+ rear terrace 3rd Floor 4 bedroom Flat 800' sqft appx.+ rear terrace

Property is in good condition, with each flat having their own door entrance on communal hallway, with front buzzer access. All flats have good spacious kitchens, dining and front rooms. All bedrooms are double + size. GREAT INVESTMNET OPPORTUNITY. CALL NOW ON 01227 807080 FOR VIEWINGS.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Property Details