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COMMERCIAL

Commercial property for sale

Mansion Street, Margate

Offers Over
£485,000
LOVETTS RAMSGATE, Ramsgate
PROPERTY TYPE

Commercial Property

BEDROOMS

4

BATHROOMS

2

SIZE

Ask agent

Description

Nestled in the charming coastal town of Margate, this remarkable period property on Mansion Street presents a unique investment opportunity. Dating back to 1680, this building boasts a rich history and character that is hard to find in modern constructions. With two spacious reception rooms, four well-appointed bedrooms, and two bathrooms, the property offers ample space for both living and entertaining.

The property currently operates as a public house, known as the Northern Belle, which has been rated highly by CAMRA, ensuring a strong reputation within the community. This establishment not only serves as a delightful bar and hotel but also generates impressive income streams, producing over £60,000 per year. This makes it an ideal choice for investors looking to capitalise on the thriving hospitality sector in Margate.

Situated by the seaside, the location is perfect for those who appreciate the beauty of coastal living. Margate is known for its vibrant arts scene, beautiful beaches, and a welcoming community, making it an attractive destination for both locals and tourists alike. Whether you are looking to invest or seeking a new home, this property offers the flexibility to choose your path.

In summary, this period property on Mansion Street is not just a building; it is an opportunity to own a piece of Margate's history while enjoying the benefits of a lucrative business. With its prime location and potential for growth, it is a prospect not to be missed.

Brochures

Mansion Street, MargateBrochure

Mansion Street, Margate

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Margate Station0.6 miles
  • Westgate-on-Sea Station2.0 miles
  • Broadstairs Station3.0 miles

About LOVETTS RAMSGATE, Ramsgate

78/78A High Street, Ramsgate, CT11 9RX

You receive only a first-class service that is carefully tailored to your individual requirements. This is why a substantial amount of our business is generated from personal recommendations. We make it our business to know just about everything that will make your property more appealing to potential buyers and tenants. Combining this with our experience in all aspects of the property market, we ensure you a swift and effortless transaction.

Lovetts of Ramsgate is based in one of the most beautiful parts of the UK, the Isle of Thanet, which boasts miles of sandy beaches and stunning countryside. We pride ourselves on having the only Royal Harbour in England, which has a thriving marina. As a consequence, we often attract buyers and tenants from further afield such as London, one of the highest-priced cities in the country. Properties in Thanet and East Kent make an attractive proposition for London buyers and London renters looking for a change of lifestyle, and may have realised the tranquility of living by the seaside. Ramsgate has a long stretch of golden sands.

There are obviously no tenant fees chargeable for administration but a holding fee of one weeks rent would secure your rental for two weeks. For vendors our offer currently is 1% plus VAT on a no sale no fee basis.

Notes

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Disclaimer - Property reference 34442178. 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 RAMSGATE, Ramsgate. 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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