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Freehold

£350,000

Property for sale

High Street, Margate, Kent CT9

£350,000

Property for sale
High 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.

    Basement Floor

    54 Sqm

    Ground Floor Commercial Area

    82 Sqm

    First/Second Floor Residential

    91 Sqm

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