10 bedroom block of apartments for sale

Marine Gardens, Margate

£1,500,000

Property Description

Key features

  • 3 Commercial premises
  • 2 x 1 bedroom flats
  • 4 x 2 bedroom flats

Full description

INVESTMENT OPPORTUNITY IN PRIME SEAFRONT LOCATION....Offering 3 commercial premises, 2 x 1 bedroom flats and 4 x 2 bedrooms flats with stunning sea views across Margate beach. Two of the commercial premises are currently occupied however the leases will to come to an end within the next couple of years and all the flats are currently vacant . In need of some refurbishment this development would suit an experienced investor. Call now to view...!

COMMERCIAL UNIT 1 - Currently the 'Clock Tower Kebab House'. An A5 shop unit let on a commercial lease for a 25yr term from 1996 at £7800pa.
GROUND FLOOR
Restaurant 23'5" (7.14m) x 16'6" (5.03m)
Storeroom 11'8" (3.56m) x 10'10" (3.30m)
Utility Room (2 Sections) 9' (2.74m) x 3'3" (0.99m) and 6'9" (2.06m) x 6'2" (1.88m)
Rear Storeroom 22'3" (6.78m) x 7'1" (2.16m)
BASEMENT
Disused WC and Fire exit
Plant Room 10'4" (3.15m) x 10'4" (3.15m)
Storeroom 1 13'9" (4.19m) x 5'10" (1.78m)
Storeroom 2 10' (3.05m) x 8' (2.44m)
Storeroom 3 14'6" (4.42m) x 7'5" (2.26m)

COMMERCIAL UNIT 2 - Vacant A1 shop unit
Front Retail Unit 18'4" (5.59m) x 15'6" (4.72m)
Storage Area 13'4" (4.06m) x 13'1" (3.99m)
WC 6'7" (2.01m) x 4' (1.22m)

COMMERCIAL UNIT 3 - Currently 'Papps Fish & Chip Shop'. An A3/A5 shop unit let on a commercial lease for a 15yr term from 2003 at £9000pa.
GROUND FLOOR
Main Kitchen/Restaurant Area 25'9" (7.85m) x 10'3" (3.12m)
Prep room with adjoining
seating area 20' (6.10m) x 12'6" (3.81m)
Upper Seating area 20'3" (6.17m) x 16'9" (5.11m)
Men's W.C
Ladies W.C
BASEMENT
Preparation/Storeroom 20'9" (6.32m) x 13'5" (4.09m)
Freezer/Storeroom 14'10" (4.52m) x 13'5" (4.09m)
Storeroom 14'6" (4.42m) x 8'8" (2.64m)

COMMUNAL ENTRANCE HALL 1 - Providing access to the 2 x 1 bedroom apartments with allocated storage areas.

APARTMENT 1
Lounge 15' (4.57m) x 12'4" (3.76m) Direct sea views
Kitchen 10'6" (3.20m) x 9'8" (2.95m)
Bedroom 11'8" (3.56m) x 9'2" (2.79m) Direct sea views
Bathroom 10'5" (3.18m) x 6'10" (2.08m)

APARTMENT 2
Lounge 15' (4.57m) x 13'1" (3.99m) Direct sea views
Kitchen 9'1" (2.77m) x 9'1" (2.77m)
Bedroom 15'2" (4.62m) x 9' (2.74m) Direct sea views
Bathroom 13'11" (4.24m) x 4'2" (1.27m)

COMMUNAL ENTRANCE HALL 2 - Providing access to the remaining 4 x 2 bedroom apartments.

SPLIT LEVEL APARTMENT 1
Lounge 13'7" (4.14m) x 11'9" (3.58m) Direct sea views
Kitchen
Bedroom 1 10'9" (3.28m) x 10'4" (3.15m)
Bedroom 2 14'8" (4.47m) x 8'1" (2.46m) Direct sea views
Bathroom 6'5" (1.96m) x 5'1" (1.55m)

SPLIT LEVEL APARTMENT 2
Lounge 15' (4.57m) x 12'11" (3.94m) Direct sea views
Kitchen 10'1" (3.07m) x 6'3" (1.91m)
Bedroom 1 15'2" (4.62m) x 13'11" (4.24m)
Bedroom 2 11'10" (3.61m) x 8'6" (2.59m) Direct sea views
Bathroom 13' (3.96m) x 3' (0.91m)

APARTMENT 3
Lounge 14'11" (4.55m) x 13'6" (4.11m) Direct sea views
Kitchen 10'3" (3.12m) x 9'9" (2.97m)
Bedroom 1 11'7" (3.53m) x 10'9" (3.28m)
Bedroom 2 12'1" (3.68m) x 8'9" (2.67m) Direct sea views
Bathroom 7'3" (2.21m) x 4'4" (1.32m)

APARTMENT 4
Lounge 14'5" (4.39m) x 11'10" (3.61m) Direct sea views
Kitchen 10'7" (3.23m) x 10'3" (3.12m)
Bedroom 1 14'6" (4.42m) x 11'6" (3.51m)
Bedroom 2 11'11" (3.63m) x 7'4" (2.24m) Direct sea views
Bathroom 8'4" (2.54m) x 3'8" (1.12m)


More information from this agent

Listing History

Added on Rightmove:
12 July 2018

Nearest stations

  • Margate (0.3 mi)
  • Westgate-on-Sea (1.8 mi)
  • Broadstairs (3.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Oakwood Homes, Margate

Stockwell House, Cecil Square, Margate, CT9 1BD

01843 315048 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 (0.3 mi)
  • Westgate-on-Sea (1.8 mi)
  • Broadstairs (3.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Oakwood Homes, Margate

Stockwell House, Cecil Square, Margate, CT9 1BD

01843 315048 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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