Commercial Property for sale

Marine Gardens, Margate

£175,000

Property Description

Key features

  • Let @ 9500 p/a
  • 3 years left on Lease
  • Large Basement
  • Great Investment
  • Works needed
  • Close to Old Town

Full description

Lovetts are delighted to offer this ideal investment opportunity to purchase the Freehold of this building that includes the shop, currently trading as MageBet with three years left on its lease, let at £9500 p/a, a basement Bar, approx. 1400ft sq, in need of complete refurbishment and the ground rents from the three flats above giving a further income of £450 p/a.
For more info call now to book your viewing.

125yrs Lease - £150 p/a doubling every 25 years

Shop Lease Expires - April 2021 Full self repairing and Insurance contribution.

Basement - Poss. 2 or 3 Bed Flat


More information from this agent

Nearest stations

  • Margate (0.4 mi)
  • Westgate-on-Sea (1.9 mi)
  • Broadstairs (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovetts Property Services, Clifftonville

177 Northdown Road, Cliftonville, Margate, CT9 2PA

01843 315066 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.

Floorplans


To view this property or request more details, contact:

Lovetts Property Services, Clifftonville

177 Northdown Road, Cliftonville, Margate, CT9 2PA

01843 315066 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 (0.4 mi)
  • Westgate-on-Sea (1.9 mi)
  • Broadstairs (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovetts Property Services, Clifftonville

177 Northdown Road, Cliftonville, Margate, CT9 2PA

01843 315066 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 27808567. 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 Lovetts Property Services, Clifftonville . 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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