£49,950
Retail premises for saleNorthdown Road, Cliftonville, Margate, Kent CT9
EPC Rating: D
Leasehold
About this property
Well established, independent diy & decorating business now available!
With over 16 years of industry experience, the current owners opened the store in 2017. The shop offers a comprehensive range of products across all things in decorating, tools, woodcare, household & cleaning, fillers & silicones, electrics & lighting, ironmongery & fastenings, gardening and plumbing, plus Artline Decor high-definition architectural mouldings.
The lease commenced in 2024 at a passing rent of £9,500pa until September 2029.
This is an ideal opportunity for a buyer, who already has knowledge of this industry or for one who is simply a diy enthusiast, who wants to invest and take advantage of the current home updating trend, based in the Kent seaside town of Margate. The vendor is happy to provide a hand-over to the new owner by agreement.
Offers in the region of £79,995 plus stock at valuation for the Lease, Business Goodwill, Stock Control System, Fixtures & Fittings
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
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.
With over 16 years of industry experience, the current owners opened the store in 2017. The shop offers a comprehensive range of products across all things in decorating, tools, woodcare, household & cleaning, fillers & silicones, electrics & lighting, ironmongery & fastenings, gardening and plumbing, plus Artline Decor high-definition architectural mouldings.
The lease commenced in 2024 at a passing rent of £9,500pa until September 2029.
This is an ideal opportunity for a buyer, who already has knowledge of this industry or for one who is simply a diy enthusiast, who wants to invest and take advantage of the current home updating trend, based in the Kent seaside town of Margate. The vendor is happy to provide a hand-over to the new owner by agreement.
Offers in the region of £79,995 plus stock at valuation for the Lease, Business Goodwill, Stock Control System, Fixtures & Fittings
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
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.
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