Commercial property for sale
Albert Terrace, Margate CT9
- Investment
£550,000
Property Listing Details
Image gallery
.png){kind=logo}
Property details
Features
- Freehold Investment Property
- Comprising Four Flats & Office
- Arranged Over Five Floors
- Prime Sea Facing Position
- Potential To Reconfigure
- Central Location
- Near to Beach and Town
Listing view statistics
Last 30 days: 70 page views
Since listed: 70 page views
Description
Investment opportunity in prime sea-facing position
This Grade II Listed period mid-terrace house is located in a prime sea-facing position overlooking Marine Gardens, Margate. With accommodation arranged over five floors the property affords sea and beach views from the ground floor upwards. The property currently comprises three one bedroom flats on the upper three floors, each of which are currently let on Assured Shorthold Tenancies, with a vacant office suite on the ground floor and further studio flat at lower ground floor level which is also vacant. The property could in our opinion potentially be reconfigured to provide five Air-BnB style holiday-let units, subject to any required planning consents.
Lower ground floor
studio flat
Currently arranged as a studio flat with separate entrance, kitchen area and shower/wc.
Ground floor
offices
Currently arranged as a two roomed office suite with separate w.c. Sea Views.
First floor
one bedroom flat
Currently arranged as a one bedroom flat with living/kitchen area, one bedroom and separate shower/w.c. Sea vews.
Second floor
one bedroom flat
Currently arranged as a one bedroom flat with kitchen/living area, one bedroom and shower/w.c. Sea Views.
Third floor
one bedroom flat
Currently arranged as a one bedroom flat with kitchen/living area, one bedroom and shower/w.c. Sea views.
This Grade II Listed period mid-terrace house is located in a prime sea-facing position overlooking Marine Gardens, Margate. With accommodation arranged over five floors the property affords sea and beach views from the ground floor upwards. The property currently comprises three one bedroom flats on the upper three floors, each of which are currently let on Assured Shorthold Tenancies, with a vacant office suite on the ground floor and further studio flat at lower ground floor level which is also vacant. The property could in our opinion potentially be reconfigured to provide five Air-BnB style holiday-let units, subject to any required planning consents.
Lower ground floor
studio flat
Currently arranged as a studio flat with separate entrance, kitchen area and shower/wc.
Ground floor
offices
Currently arranged as a two roomed office suite with separate w.c. Sea Views.
First floor
one bedroom flat
Currently arranged as a one bedroom flat with living/kitchen area, one bedroom and separate shower/w.c. Sea vews.
Second floor
one bedroom flat
Currently arranged as a one bedroom flat with kitchen/living area, one bedroom and shower/w.c. Sea Views.
Third floor
one bedroom flat
Currently arranged as a one bedroom flat with kitchen/living area, one bedroom and shower/w.c. Sea views.
Links for this property
Floorplan
Map & Nearby
Local Amenities
- Margate 0.4 miles
- Westgate-on-Sea 1.8 miles
- Margate, Holy Trinity and St John's Church of England Primary School 0.2 miles
- Salmestone Primary School 0.6 miles
The Agent
Want an expert valuation of your home?
Book an agent valuation
.png){kind=logo}
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by Terence Painter. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Terence Painter for full details and further information.
