Double fronted high street shop with offices, large basement & sea views! This deceptively spacious lock-up shop unit is located in the lower High Street within a few hundred yards of the Old Town and Turner Centre. The double fronted shop unit offers over 1554sqft (144m2) of retail and office space at ground floor plus a substantial lower ground floor and basement of over 1431sqft (133m2). The premises are to be offered with a new lease at a commencing rental of £22,500 per annum plus VAT, with terms to be agreed.
Retail Area and Office 29.00m x 3.87m (95' 2" x 12' 8") Double fronted shop front with central recessed doorway. Rear office with large picture window with sea views across Margate's Main Sands.
Office 2 5.93m x 3.50m (19' 5" x 11' 6") Window to side.
Office 3 3.91m x 2.93m (12' 10" x 9' 7") Window to side. Door to outside.
Lower Ground Floor
Lower Ground Retail Area 10.48m x 4.00m (34' 5" x 13' 1")
Kitchenette/WC/Storage 5.00m x 2.19m (16' 5" x 7' 2") With stainless steel sink and separate W.C.
Basement Store 13.70m x 5.85m (44' 11" x 19' 2") Large basement storage area.
Lease & Rent A new lease will be available at a starting rent of £22,500 plus VAT per annum, with lease terms by negotiation.
Legal Fees The ingoing tenant is to be responsible for the Landlords legal costs in relation to this transaction.
Business Rates The rateable value for the property £15,000.
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Margate, Holy Trinity and St John's Church of England Primary School