Get brand editions for Terence Painter Estate Agents, Broadstairs

Commercial Property for sale

Marine Drive and High Street, Margate, Kent

£2,750,000

Property Description

Full description

Tenure: Freehold

PRIME SEAFRONT MIXED-USE COMMERCIAL & RESIDENTIAL REDEVELOPMENT SCHEME
Located directly on the seafront at Margate's Marine Drive affording direct sea views across Margate's Main Sands and with prime High Street frontage at the rear, this substantial mixed-use redevelopment scheme offers a unique commercial and residential development opportunity.
Offered with Full Planning Consent for two additional floors and for change of use to mixed retail & offices (350m2), bar (195m2), restaurant (398m2) and eleven x 2 and 3 bedroom apartments (ranging from 65m2 to 145m2).

Property ref: 121_594_4649498


Commercial Unit One 
Offering 200m2 (2,152sqft) of retail space with access directly from the pavement and with sea views to the front. Access to further storage to rear.

Flexible Bar Venue 
Offering 195m2 (2,098sqft) of flexible space with direct access from the pavement and with sea views to the front. Access to further storage to rear.

Restaurant 
Offering 398m2 (4,284sqft) of elevated restaurant space with proposed terrace with direct sea views across Margate's Main Sands.

Commercial Unit Two 
Offering 77m2 (828sqft) of retail space with access from the High Street.

Commercial Unit Three 
Offering 73m2 (785sqft) of retail space with access from the High Street.

Five Apartments 
This level has planning consent for five apartments, some with sea views and terraces.
Apartment 1: 3 Bedrooms - 92m2 (990 sqft)
Apartment 2: 3 Bedrooms - 95m2 (1022 sqft)
Apartment 3: 3 Bedrooms - 82m2 (882 sqft)
Apartment 4: 2 Bedrooms - 78m2 (840 sqft)
Apartment 5: 2 bedrooms - 65m2 (700 sqft)

Four Apartments 
This level has planning consent for four apartments, some with sea views and terraces.
Apartment 6: Second & Third Floor Maisonette: 3 Bedrooms - 145m2 (1,560 sqft)
Apartment 7: Second & Third Floor Maisonette: 3 Bedrooms - 147m2 (1,582 sqft)
Apartment 8: Second Floor only - 2 Bedrooms - 70m2 (753 sqft)
Apartment 9: Second Floor only - 3 Bedrooms - 110m2 (1184 sqft)

Two Apartments 
This level has planning consent for two apartments and the upper level of two of the maisonettes from the second floor.
Apartment 10: Third Floor only - 3 Bedrooms - 83m2 (893 sqft)
Apartment 11: Third Floor only - 2 Bedrooms - 70m2 (753 sqft)

Planning Consent 
Full planning consent was granted on 20th December 2017 under planning reference F/TH/17/1216 for Change of use from retail (Class A1) to mixed retail (Class A1), Offices (Class B1a), Bar (Class A3) at upper and lower ground floor levels, change of use of upper floors to residential (Class C3) to 5No. 3 Bed, 4No. 2 Bed flats and 2No. 3 Bed maisonettes.

Planning Enquiries 
All planning enquiries should be made to Thanet District Council's Planning Office on 01843 577150 or planning.services@thanet.gov.uk quoting planning reference F/TH/17/1216.

Plans 
Plans are available to inspect at our offices or on Thanet District Councils planning portal www.thanet.gov.uk/planning

VAT 
The purchase price of the property will be subject to VAT.

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:

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.

Floorplans


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 (0.4 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:

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.

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