Cliff Terrace, Margate, CT9
commercial retail property for sale
8.5% Yield Investment opportunity!
Miles and Barr Commercial are delighted to bring to the market this investment opportunity situated in the heart of Margate.
The current tenants are in the process of signing a new ten year FR & I Lease at an annual income of £38,400pa. The property is currently occupied by the company "Haeckels" of whom have brought the property up to an incredibly high standard.
The company occupies the property in it's entirety of which consists of three floors and a basement. Full floor plans can be seen below.
Viewings by appointment only as the business is still trading.
Room Sizes
Basement | |
Frontal Basement | 3.621 x 4.942 (11'10" x 16'2"). |
Mid Basement | 3.574 x 5.992 (11'8" x 19'7"). |
Rear Basement | 2.5 x 5.692 (8'2" x 18'8"). |
Ground Floor | |
Frontal Sales Area | 3.835 x 2.653 (12'6" x 8'8"). |
Ground Floor WC | 1.988 x 0.98 (6'6" x 3'2"). |
Mid Sales Area | 3.45 x 4.1 (11'3" x 13'5"). |
Rear Sales Area | 4.0 x 3.3 (13'1" x 10'9"). |
Back Sales Area | 4.5 x 4.57 (14'9" x 14'11"). |
First Floor | |
Frontal Sales Area | 3.699 x 2.972 (12'1" x 9'9"). |
Mid Sales Area | 3.2 x 4.01 (10'5" x 13'1"). |
Rear Sales Area | 3.62 x 4.54 (11'10" x 14'10"). |
Second Floor | |
Frontal Sales Area | 3.1 x 3.4 (10'2" x 11'1"). |
Bathroom | 0.9 x 2.28 (2'11" x 7'5"). |
Rear Sales Area | 5.865 x 4.02 (19'2" x 13'2"). |
Rear Room | 2.27 x 3.59 (7'5" x 11'9"). |