£350,000
Property for saleHigh Street, Margate, Kent CT9
Freehold
About this property
Mixed Use Freehold Property
Retail Area Of 82 Sqm
Residential Flat Split Over Two Floors
Short Walk To Beach
Busy High Street
Scope For Further Development
Presenting a unique opportunity to acquire a mixed-use commercial property situated in a prime location, this property boasts a retail area measuring 82 sqm and a generous total floor area of 91 sqm for the three bedroom maisonette above. Strategically located on a busy high street just a short walk away from the beach, this property offers a perfect blend of convenience and exposure.
Ideal for entrepreneurs looking to establish or expand their operations, the retail space presents itself as a versatile canvas ready for customisation. The property's strategic location ensures a steady flow of foot traffic, further enhancing its appeal for businesses seeking visibility and accessibility.
Moreover, the property presents a promising scope for further development with plans available for building in the airspace above (see planning ref: F/th/19/1578), offering potential for expansion or enhancement of the existing structures. Whether you are an investor looking for a lucrative venture or a business owner seeking a strategic location, this mixed-use commercial property offers an array of possibilities to fulfil your objectives. Don't miss this exceptional opportunity for a lucrative investment in a prime location.
The upstairs residential will be sold with a tenant in situ, with the current ground floor commercial tenant vacating in October 2025 allowing the potential for a business purchase, or the opportunity to commence with a new lease.
Commercial Leasing Fees:
An administration fee of £300+VAT is payable to Miles & Barr Property Management Ltd when leasing a Commercial property.
Location Summary
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London 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.
Basement Floor
54 Sqm
Ground Floor Commercial Area
82 Sqm
First/Second Floor Residential
91 Sqm
Ideal for entrepreneurs looking to establish or expand their operations, the retail space presents itself as a versatile canvas ready for customisation. The property's strategic location ensures a steady flow of foot traffic, further enhancing its appeal for businesses seeking visibility and accessibility.
Moreover, the property presents a promising scope for further development with plans available for building in the airspace above (see planning ref: F/th/19/1578), offering potential for expansion or enhancement of the existing structures. Whether you are an investor looking for a lucrative venture or a business owner seeking a strategic location, this mixed-use commercial property offers an array of possibilities to fulfil your objectives. Don't miss this exceptional opportunity for a lucrative investment in a prime location.
The upstairs residential will be sold with a tenant in situ, with the current ground floor commercial tenant vacating in October 2025 allowing the potential for a business purchase, or the opportunity to commence with a new lease.
Commercial Leasing Fees:
An administration fee of £300+VAT is payable to Miles & Barr Property Management Ltd when leasing a Commercial property.
Location Summary
Margate is a fantastic seaside town and contains the areas of Cliftonville, Garlinge, Palm Bay and Westbrook. The energy surrounding Margate is excellent, it holds the likes of a world class Art Gallery, the UK's original pleasure park 'Dreamland', fast Rail links into London 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.
Basement Floor
54 Sqm
Ground Floor Commercial Area
82 Sqm
First/Second Floor Residential
91 Sqm
Mortgage calculator
Monthly repayment
£1,750 per month
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