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KENT - TOWN CENTRE PUB WITH PLANNING FOR FOUR FLATS

Margate, Kent, CT9 1JT

Asking Price £750,000
Tenure Freehold

Description

FREEHOLD £750,000. Sold with vacant possession or subject to the following: - Public house and basement: Held on a six-month licence to multi-site operators. Rent is £50,000 per annum, with no rent reviews. - One-bedroom bedsit: Is let on an AST to an individual at a rent of £750 pcm (£9,000 per annum). No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

Location & Situation

The property is a substantial four-storey, mid-terrace building, of brick construction under a pitched and flat roof. The property comprises: GROUND FLOOR: - BAR: Open plan bar area. - GENTLEMEN'S TOILETS. - LADIES' TOILETS. - TRADE KITCHEN. - STORAGE. BASEMENT: - CELLAR: Divided into three rooms. FIRST FLOOR: - THREE STUDIO BEDROOMS with EN SUITE BATHROOMS. SECOND FLOOR: - TWO STUDIO BEDROOMS with EN SUITE SHOWERS and WC. - STUDIO BEDROOM with EN SUITE BATHROOM. - STUDIO BEDROOM. - SHOWER and WC ROOM. - BATHROOM. - WC. THIRD FLOOR: - KITCHEN/LIVING/DINING ROOM. - SHOWER and WC ROOM. - TWO DOUBLE BEDROOMS. EXTERNAL: - BEER GARDEN.

Details

Property Type
Investment, Holiday Flats & Apartments, Public House, Other Leisure Businesses

Location

Approximate location — Margate, Kent

S SidneyPhillips

SidneyPhillips

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