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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
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