Land for sale in Norfolk Road, Margate, Kent CT9

Land for sale
Interested in this property? Call +44 20 3478 2980 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

A 26,000 sq ft former residential training and retreat centre situated over 3 floors with multiple staircases and a lift.
The property has 60+ bedrooms, most being en-suite and some having their own reception areas/rooms. On the
ground floor the property has a number of reception areas, offices, a chapel, recreation rooms and a large room that was formerly a swimming pool complex and was converted by the institute so it could be returned to its former use as required.
There are dining rooms, a lecture theatre, equipped catering kitchen plus a number of ancillary facilities.

Estimated Values:
Commercial Rent £8 - £10 psf - Commercial Sale £600,000 +
Residential Sales £2.6 - £2.8m

Ground Floor D1 Unit 558 Sq m
The proposed apartment sizes are below (total inc balcony areas)
Unit 14 - 115.523 sq m
Unit 13 - 79.286 sq m
Unit 12 - 97.871 sq m
Unit 11 - 65.542 sq m
Unit 10 - 79.127 sq m
Unit 9 - 65.428 sq m
Unit 8 - 106.698 sq m
Unit 7 - 66.936 sq m
Unit 6 - 111.663 sq m
Unit 5 - 76.371 sq m
Unit 4 - 103.824 sq m
Unit 3 - 83.232 sq m
Unit 2 - 113.972 sq m
Unit 1 - 66.085 sq m

Guide Price £1,500,000 Freehold

We understand the property is not elected for VAT

Thanet District Council have granted the below permissions
F/th/19/1740: Change of use and conversion of upper floors to 14 self contained flats with access from ground floor and erection of first and second floor rear extensions, enlargement of front dormer window, alterations to fenestration and removal of existing fire escapes together with associated parking and bin stores.

F/th/19/0772: Change of use of part ground floor to mixed use Non-residential Institution (Use Class D1) with associated parking and boundary treatments and replacement windows doors and render following the demolition of existing single storey rear extension and fire escape.

Arrange Viewing

For more information about this property, please contact
Christopher St James Plc, SW19 on +44 20 3478 2980 * (local rate)

Contact Christopher St James Plc about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.


Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Christopher St James Plc, and do not constitute property particulars. Please contact Christopher St James Plc for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Norfolk Road commercial properties for sale