£345,000 - 3 bedrooms, Shop With Living Accommodation, Margate - For Sale

Parkland Estates Lettings (Cliftonville)
131 Northdown Road

Agent's Website
0844 257 5326

• Investment Opportunity
• Commercial With Living
• Three Bedrooms
• Heart Of Margate
• Fair Condition
• Tenants In Situ
PRIME LOCATION COMMERCIAL AND LIVING!! Parkland Estates are thrilled to bring to the market this rare opportunity to get your hands on a large commercial unit with spacious living accommodation above. The commercial unit is currently let on a long term lease generating £8,800 per annum, whilst the property upstairs is let on a rolling tenancy generating £6,900 per annum bringing a combined total of £15,700 per annum. The commercial units is currently let on a lease and has seven years remaining as a fast food restaurant. Located in a prime location of Margate in the heart of Northdown Road this property is not one to be missed. On entering, the property briefly comprises of shop front and seating area, with prep room, storage rooms and freezers to the rear with a downstairs WC. On the first floor you have three double bedrooms, a large lounge and diner with a generous sized separate kitchen. In general the property is in fair condition throughout. The block benefits from double glazing that was installed roughly 5 years ago. This would make for a brilliant investment or possibly someone who is looking to bring a business to the area in the future. Viewings are strictly by appointment so call Parkland Estates today to arrange accompanied access. The traditional seaside holiday began in Margate some 200 years ago and the town has been welcoming visitors ever since. Pioneer of the quintessentially English seaside traditions it has also been a centre of popular culture from the early 19th century onwards. It was home to JMW Turner, one of Britain's most popular artists who took inspiration from the area's amazing quality of light and another famous artist, Tracey Emin, grew up in the town and is a frequent visitor.

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