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3 bedroom commercial property for sale

Northdown Road, Cliftonville, Margate

£184,995

Property Description

Key features

  • Shop
  • Two Bedroom Flat
  • Basement
  • Freehold
  • 16260 per Annum
  • Viewing Highly Recommended

Full description

Lovetts are proud to be marketing this Freehold Commercial and Residential investment located along Northdown Road. The property consists of Shop which is decorated to a high standard and would bring in a yearly income of £5700. The current usage is A1 and has previously been used as a clothing shop. There is a large basement beneath the shop which can be accessed via the rear of the property. It could also, with planning permission be converted into living accommodation. Also to the rear of the property is a potential studio flat with shower room, WC and potential for improvement and this is where you could incorporate the basement. To the side of the property there is private access to a two bedroom flat. Both bedrooms are doubles. Spacious Bathroom with 3 piece suite, Kitchen and a good sized lounge looking over the front of the property. The property currently generates an income of £6000 per annum. Overall the current potential income for the property is £16,260 per annum. To view the property or for further information please contact us on 01843 230960 or visit our website for further properties www.lovetts.net


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