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High Street, Margate

Key features

  • Development opportunity
  • Direct views of Margate Sands
  • Walking distance to the Historic Old Town
  • Planning permission for 6 apartments

Description

A unique development opportunity to build 6 apartments boasting direct sea views over Margate seafront

A unique development opportunity to build 6 apartments boasting direct sea views over Margate seafront

Situation - Positioned on Margate seafront overlooking Margate Sands is this exceptional opportunity to build six bespoke apartments. The development is situated in central Margate, adjacent to the historic Old Town Margate with a selection of vintage/retro shops, local bars and restaurants. The Turner Contemporary Art Gallery and attractive seafront, with a mixture of bars, restaurants and cafes which are all easily accessible from the High Street Margate development. Margate mainline railway station is situated about half a mile away, with links along the coast and into London.

Description - 38-40 High Street is a period two storey building just off the seafront in Margate. Planning consent (F/TH/20/0566) has been approved to convert the first floor and add two further storeys, to provide for 6 self contained apartments.

The first floor conversion consists of a 3 bedroom apartment to the front, with an open plan living room and en-suite bathroom to the main bedroom. To the rear of the first floor is a 2 bedroom apartment with open plan living room and en-suite bathroom to the main bedroom.

On the second floor planning is approved for a 2 and a 3 bedroom apartment, both with en-suite bathrooms and open plan living rooms.

The third floor provides a 2 and a 3 bedroom apartment, both with en-suite bathrooms, open plan living rooms and private balconies.

All units will be accessed via a private entrance to the front of the building, with stair case leading up to all apartments.

The development is being sold under a development long lease.

Planning Reference No F/TH/20/0566

FULL PLANNING DRAWINGS AND A COPY OF CONSENT AVAILABLE ON THANET DISTRICT COUNCIL WEBSITE OR CALL US FOR DETAILS.

Brochures

High Street, MargateBrochure

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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High Street, Margate

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Margate Station0.4 miles
  • Westgate-on-Sea Station1.9 miles
  • Broadstairs Station3.0 miles
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About the agent

Austin Gray, Investment and Development Department

37 Vernon Terrace, Brighton, BN1 3JH

Austin Gray, Investment and Development Department

The department handles the private treaty sale of residential and commercial investment property, development sites, and land throughout Sussex and adjoining counties. This runs in conjunction with the firms' highly successful auction department which operates under the banner of Auction House Sussex.

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Disclaimer - Property reference 31708407. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Austin Gray, Investment and Development Department. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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