• commercial flat
  • commercial property for sale

High Street, Margate, CT9 1DT

£300,000 Guide Price

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For Sale at our upcoming auction

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Property Details

FULL DESCRIPTION

Tenure: Freehold
£300,000 - £335,000 * Buyers Premium Applies *

For sale by public auction (unless sold prior) on 29/04/2019.
Auction venue: Holiday Inn Gatwick, Povey Cross Road Surrey, Gatwick RH6 0BA
* REGISTRATION AT 12PM - AUCTION COMMENCES AT 1PM *.

Registration starts 12:00. The legal pack can be downloaded from our website, www.townandcountrypropertyauctions.co.uk.

Description:
The entire premises currently produces a gross income of £46,800 Per Annum.

Accommodation:
Arranged over five floors. The ground floor commercial units are currently a Jewellers, Taxi Office and a Fast Food Restaurant. The accommodation above consists of a one bedroom flat on the first floor and a three bedroom flat on the second and third floors.

Location:
Margate is a seaside town in the district of Thanet in Kent, England.

Viewing:
VIEWING STRICTLY BY APPOINTMENT ONLY

b>UNCONDITIONAL LOT
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit of 5% and a 2%+VAT buyer's premium (with a minimum of £5,000 + VAT) and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).