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#Business ID: 13196

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Marine Gardens, Margate, CT9

Business Location: Margate, Kent, England

Asking Price: £ 470,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

LARGE COMMERCIAL PROPERTY FOR SALE MARGATE SEAFRONT, TAKING OFFERS. BUSY ASAIN RESTAURANT WITH 3 LARGE FLATS OVER, ALL WITH PARKING AND SEPERATE ACCESS, AND SEA VIEWS. EXCELLANT CONDITION THROUGHOUT. GOOD INVESTMENT REVENUES. Commercial information: • 6,971 sq. ft. (647 sq. m) appx Key features: • Basement accommodation • 100 seat restaurant with ocean views • 3 Residential apartments with ocean views • Large rear car park, with potential to charge. • Oil filled electric panel radiators Full description: Tenure: Freehold 8 Marine Gardens, Margate, Kent, CT9 1UN Restaurant & Upper Parts for Sale - 647.7 Sq. Mt - £470,000 Please Contact Us For More Information Location: Situation of property is overlooking beautiful gardens and unbeatable sea-views yet only a few yards from the town centre. Margate is a fast improving area with the recent opening of the Turner Contemporary Art Museum and the opening of the fair expected in the next couple of years will also give a major lift to the area. Local airport with worldwide connections via Amsterdam. Description: White brick construction completely rebuilt in 1962. Asphalt flat roofs over both restaurant and main roof. Property is professionally maintained an in very good order. Property comprising of basement and ground floor occupied by quality Chinese 100 seat restaurant. Upper 3 floors comprise of 3 apartments. Two/ 2 bedrooms, one/ 1 bedroom, all fully self- contained. Large rear car park sufficient for 10 cars. Top apartment has oil filled electric panel radiators, the second has mobile oil filled electric radiators, and the first floor has an independent electric radiator system. The apartments are all electric. General Comments: The property represents a very solid investment both for income and capital appreciation, and a property of this quality and position, represents a unique investment opportunity. Viewing: Please contact us for more information or to arrange a viewing on 01227 807080.

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

Property Type:

Real

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