Commercial property for sale in King Street, Margate CT9

£13,200
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Commercial property for sale

1

Property features

  • Margate Old Town
  • Some Original Features
  • Within 200m of the Sea Front
  • Former Restaurant Premises
  • New Commercial Lease

Property description

Character former restaurant premises to let in margate's sought after old town

This charming former restaurant premises is situated in the heart of Margate's vibrant Old Town quarter within a few hundred metres of the sea front, harbour & the Turner Contemporary.

The unit retains much of the property's historic charm, and is arranged with a restaurant area to the front, with a private lobby, kitchen and W.C. To the rear accessed via a shared hallway. The premises would lend itself to a number of alternative uses, subject to any necessary planning permission and the Landlord's consent.

The property is to be offered with a new commercial lease with a starting rent of £13,200 per annum.

Ground Floor

Entrance
The property is accessed at street level via a recessed glazed entrance door with feature side display window. Three quarter height window with feature green tiling below and to the sides.

Café/Restaurant Area
4.67m x 4.15m (15' 4" x 13' 7") With feature display window measuring 2.78m (9' 2'') wide. Wood flooring. Fitted counter with sink. 3.26m (10' 8'') high ceiling with ceiling lighting. Wall-fitted high level side counter. Door to shared hallway with access to lobby, kitchen and W.C.

Hallway
Shared hallway providing access to the upper and lower ground floors.

Lobby Area
2.03m x 1.79m (6' 8" x 5' 10") With radiator, doors to kitchen and W.C. Fitted work surface area. Wood flooring.

Kitchen
2.98m x 2.40m (9' 9" x 7' 10") With wooden sash window to side. Vinyl flooring. Twin basin stainless steel sink unit. Separate stainless steel wash hand basin. Tiling to half wall height. Wall mounted gas fired boiler. Strip lighting.

W.C.
Fitted with low level W.C and wash hand basin. Wood flooring.

Lease
The property is to be offered with a new 7-Year Full Repairing & Insuring Lease (terms to be agreed) at a commencing rental of £13,200 per annum.

Costs & Deposit
Ingoing tenant will be required to pay the Landlords reasonable legal costs.
The Landlord will require 3 months rent as a deposit.

Uses & Restrictions
The premises currently has consent for use as restaurant/café (A3) and has previously been used for retail.
The Landlord has put a restriction against use as a bar/pub premises.

Planning
All planning enquiries should be made to Thanet District Council's Planning Department on or by email to:

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Terence Painter, CT10 on +44 1843 306256 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Terence Painter, and do not constitute property particulars. Please contact Terence Painter 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.

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