3 bedroom house for saleNorthdown Road, Margate
- INVESTMENT OPPORTUNITY
- 5.58% YEILD
- £12,000P.A INCOME
- SOUGHT AFTER LOCATION
- PARADE OF SHOPS LOCATION
- CLOSE TO PUBLIC TRANSPORT LINKS
Miles & Barr are delighted to bring to the market this fantastic investment opportunity for the right buyer to acquiresuccessfully let shop premises on the corner of the highly sought after Holly Lane Location. There's a secure entry system and an office/ store room to the rear of the ground floor accessed from the garden. The current owner has advised that the shop is currently let to a commercial tenant at an annual rental of £12,000 giving the property an attractive 5.58% yeild on your investment. In our opinion this is an excellent investment oppertunity when considering both immediate yeild and potential growth. Also the desirability factor of the location is not to be understated, with it being on the corner of one of the most sought after address’s in Margate, Holly Lane, evident by many of the shops along the same parade commandeering the nam Call Miles & Barr Seven days a week to arrange your internal viewing appointment!!
Margate is a fantastic seaside town and includes the outlying areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is palpable, the town boasts a world class Art Gallery - the Turner Gallery, the UK's original pleasure park - 'Dreamland', has fast Rail links into London - Kings Cross, St. Pancras and of course not forgetting the stunning sandy beaches and sparkling bays. You are within a 10-minute drive to the neighbouring towns which are Broadstairs, Ramsgate and Birchington. There are also good road links to London via the A299 Thanet Way and M2 Motorway.
Office/Store - approx 4.57m x 3.35m (approx 15 x 11) -
Shop - -
Salon Area - 9.96m x 5.33m leading to 6.38m + 6.71m x 1.60m (32 -
Wc - 1.60m x 0.69m (5'3 x 2'3) -
Store - 3.25m x 2.51m (10'8 x 8'3) -
Office/Staff Room - 4.24m x 3.18m (13'11 x 10'5) -
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