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3 bedroom commercial property for sale

Northdown Road, Cliftonville, Margate

Sold STC £225,000

Property Description

Key features

  • Commercial & Residential
  • Shop and three bedroom, split level flat
  • Income: 13,200 p.a.
  • Yield: 6%

Full description

OPEN DAY SATURDAY 6TH AUGUST appointment only!!

INVESTMENT OPPORTUNITY.....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 is a shop unit currently let to a Tattoo business on a fully repairing and insuring lease. Over the first and second floors is a three bedroom self-contained flat with roof terrace, currently tenanted on an Assured Shorthold Tenancy. The rental income is £13,200 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.

More information from this agent

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