Mixed-use shop with two flats, Margate

Why this opportunity stands out

Diversified income from commercial and residential elements in a regenerating coastal town.

Full description

A three-storey mid-terrace building in central Margate, comprising a let ground floor retail unit with two self-contained one-bedroom flats above, accessed separately from the street. One flat is let on an assured shorthold tenancy; the second is currently vacant and recently redecorated.

Property facts

EPC

Shop D, flats C and D

Flat 1

Let at £795 pcm on an AST

Flat 2

Vacant, ERV £750 pcm

Retail Rent

£13,200 per annum

Separate Access

Yes — residential accessed from the street

Location context

This opportunity is in Margate, South East. Postcode districts are shown to indicate the trading position; the precise address is confirmed by the advertiser on enquiry.