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6 bedroom commercial property for sale

The Parade, Margate


Property Description

Full description

Tenure: Freehold

>>> Investment opportunity fantastic sea facing location <<<

An opportunity to acquire a commercial property with residential accommodation above in the heart of the Old Town, Margate. The property is offered on a subject to planning basis for 4 apartments on the first and second floors with sea views across harbour and beyond.

Accommodation comprises; Commercial premises on the ground floor with Kitchens, WC;s, store and cellar. In addition, the vendor has advised us that there is a licence in place for a number of covers on pavement directly opposite the premises. On the first floor there are a number of residential rooms which are inter connected via two staircases over two floors, these include 2 bathrooms and kitchens.

Further information can be found on Thanet District Councils website under reference F/TH/17/1127.The planning application consists of; Change of use and conversion of first, second and third floor from office to 2No. bedsits and 2No. 2-bed self contained flats, erection of 2No. first floor rear extensions following demolition of existing, and alterations to fenestration within ground floor rear elevation Awaiting decision.

First and second floor

Map & Street View

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