8 bedroom property for sale

Northdown Road, Cliftonville, Margate, CT9

£595,000

Property Description

Key features

  • Ideal Investment Opportunity
  • Substantial Freehold Property For Sale!!
  • Ground Floor Shop + Seven Flats
  • Prominent Northdown Road Location
  • Approx Gross Annual Income 45.000
  • Main Shop Area Approximately 661.65 Sqft
  • Only Minutes Away From Margate Old Town
  • Set Over Three Floors + Basement Rooms
  • Call Today For Further Information

Full description

Substantial Investment Opportunity!!! Prominent Northdown Road Location, Close By To Margate Seafront And Harbour, Freehold Shop + Four Studio Flats, Two x One Bedroom Flats And One x Two Bedroom Flat For Sale!!! Accommodation Set Over Three Floors Plus A Large Basement Made Up Of Four Rooms, First floor Roof Terrace, All Flats Currently Let Out. Annual Gross Income Once The Whole Building is Fully Let Out Approximately £45,000pa. For Further Information And To View This Property Please Call 01843 291777 Or 842838. EPC RATINGS TO FOLLOW.


Communal Entrance

With a set of solid wooden doors located to the front of the building providing access into the communal areas.

Shops Entrance

With a glazed door leading into the shop.

Main Sales Area / Shop Area 25' 9" x 20' 8" (7.85m x 6.31m )

(The approximate internal dimensions for the shop are 61.47m2 = 661.65sqft) With windows set to the front of the shop and internal doors leading to:

Office 8' 11" x 6' 6" (2.73m x 1.97m )

approximately 5.37m2 = 57.8sqft

Office 9' 2" x 6' 1" (2.78m x 1.86m )

Approximately 5.17m2 = 55.6sqft

Wc 6' 2" x 3' 6" (1.88m x 1.07m )

With wc.

Flats

Flat

Set on the ground floor and located to the rear of the building, this flat has its own front door and has two bedrooms with a lounge/kitchen, a separate dining room/office, a shower room plus a separate wc.

Flat

Set on the first floor and located to the rear of the building, this flat is a studio with a bedroom/kitchen, a separate shower room/wc plus access leading out onto the first floor roof terrace.

Flat

Set on the first floor and located to the front of the building, this is a one bedroom flat with a separate kitchen, lounge and a shower room/wc.

Flat

Set on the second floor and located to the rear of the building, this flat is a studio with a bedroom/kitchen and a separate bathroom/wc.

Flat

Set on the second floor and located to the front of the building, this flat is a studio with a bedroom/kitchen and a separate shower room/wc

Flat

Set on the second floor and located to the front of the building, this is a one bedroom flat with a separate kitchen/lounge and a shower room/wc.

Flat

Set on the ground floor and located to the rear of the building, this flat is a studio with a bedroom/kitchen and a separate bathroom/wc.

Basement

Access to the basement is located to the rear of the building.

Room 15' 6" x 13' 5" (4.73m x 4.09m )

Room 14' 11" x 5' 9" (4.54m x 1.76m )

Room 12' 1" x 8' 2" (3.68m x 2.48m )

Room 18' 1" x 11' 0" (5.52m x 3.35m )

First Floor Roof Terrace 15' 9" x 11' 11" (4.79m x 3.63m )

Located to the rear of the building, there is access from flat two plus from the communal areas. There is also a set of stairs providing access to flats one and seven.

Current Rental Status For The Flats And Shop

We have been advised by the vendors of the property that all the flats are currently let out at this time. However once the flats and the shop are all fully let out this brings an approximate annual income of £45,000pa.




IMPORTANT NOTE TO PURCHASERS:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


528444173/2

More information from this agent

Listing History

Added on Rightmove:
19 August 2016

Nearest stations

  • Margate (1.1 mi)
  • Broadstairs (2.5 mi)
  • Westgate-on-Sea (2.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

YOUR MOVE Sales - Charterhouse, Cliftonville

220/228 Northdown Road, Cliftonville, Margate, CT9 2QD

01843 315057 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Margate (1.1 mi)
  • Broadstairs (2.5 mi)
  • Westgate-on-Sea (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

YOUR MOVE Sales - Charterhouse, Cliftonville

220/228 Northdown Road, Cliftonville, Margate, CT9 2QD

01843 315057 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 528444173. 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 YOUR MOVE Sales - Charterhouse, Cliftonville. 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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