4 bedroom commercial property for saleNorthdown Road, Cliftonville, Margate
Sold STC £325,000
- INVESTMENT OPPORTUNITY
- Commercial & Residential
- Two Offices & Two Flats
- Income: £16,800 p.a.
- Yield: 5.2%
Full descriptionOPEN DAY SATURDAY 6TH AUGUST 2016...by appointment only!!
TWO OFFICES & TWO FLATS ABOVE.....Miles & Barr are delighted to bring to the market this mixed commercial and residential premises situated on Northdown Road in Margate. The property is laid out over three floors, on the ground floor are two offices currently tenanted on 'Tenancy at Will' basis where the tenants are responsible for insurances. The first floor is a two bedroom self-contained flat, currently tenanted on an Assured Shorthold Tenancy. The second floor is also a a two bedroom self-contained flat, currently tenanted on an Assured Shorthold Tenancy. The rental income is £16,800 p.a.
Call Miles & Barr 7 days a week to arrange your internal viewing appointment!!
Cliftonville is a coastal area in the town of Margate, situated to the east of the main town and mainly occupies Georgian and Victorian properties. The area itself is within easy walking distance of the 'Margate Old Town', Turner Contemporary Art Gallery and the Margate railway station which is approximately 2 miles away and offers fast services to Kings Cross, St. Pancras. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
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