Get brand editions for Terence Painter Estate Agents, Broadstairs

Commercial Property for sale

Canterbury Road, Westbrook, Margate, Kent

£55,000

Property Description

Full description

Tenure: Leasehold

OFF-LICENCE & NEWSGENTS BUSINESS IN BUSY SHOPPING PARADE
This lock-up Off-Licence & Newsagents shop is located on the outskirts of Margate on the busy Canterbury Road at Westbrook. The shop is in a busy parade with a mixture of other independent retailers and benefits from being surrounded by a good level of residential property.
The family run business operates seven days a week and provides off-licence sales, newspaper sales and deliveries, lottery, a cash machine and general provisions.
The owners are seeking a premium of £55,000 for the business. The current rent is £9,600 per annum.

Property ref: 121_594_4509543


Retail Area 
14.36m x 4.90m (47' 1" x 16' 1") Approx. 70m2 (757ft2) of retails space. Featuring glass shop front with central door, counter, drinks chillers, freezers & display shelving. Small store cupboard. Door to cellar and to rear store room.

Cellar 
4.82m x 3.76m (15' 10" x 12' 4") Basement storage area with meters.

Store/Stock Room 
5.91m x 4.70m (19' 5" x 15' 5") With rear delivery access.

The Lease 
The property is being offered with the balance of a 7 year Full Repairing & Insuring commercial lease with a current rental of £9,600 per annum. The owners are seeking a premium of £55,000 for the business and equipment. Stock to be sold at value.

More information from this agent

Nearest stations

  • Margate (0.2 mi)
  • Westgate-on-Sea (1.3 mi)
  • Birchington-on-Sea (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Terence Painter Estate Agents, Broadstairs

Prospect House, 44 High Street, Broadstairs, CT10 1JT

01843 315055 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 (0.2 mi)
  • Westgate-on-Sea (1.3 mi)
  • Birchington-on-Sea (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Terence Painter Estate Agents, Broadstairs

Prospect House, 44 High Street, Broadstairs, CT10 1JT

01843 315055 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 4509543. 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 Terence Painter Estate Agents, Broadstairs. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.