Property photos
Guide price
£180,000
(£107.89/sq. ft)
Retail premises for sale
High Street, Margate CT91,668 sq. ft
Local area information
Property location
Nearby amenities
- Margate, Holy Trinity and St John's Church of England Primary School 0.2 miles
- Margate 0.4 miles
- Salmestone Primary School 0.5 miles
- Westgate-on-Sea 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Margate to find out more about the local area.
Features and description
- Commercial unit
- Located on a busy High Street
- Flat above
- No chain
- Vacant
- Freehold title
Summary
*For sale via secure sale online bidding: Terms and conditions apply.*
We are pleased to offer to auction this ideal freehold commercial unit with either upper floor areas or could continue to be used as a flat.
This project was started and now being sold as seen with the materials on site.
The ground floor space has a kitchen area and toilet to the rear with doors for rear access and front doors to the main high street. There is also a basement via a trap door which runs under the majority of the building and is home to the meters. The upper floor could be additional commercial space or a bedroom with a kitchen/lounge and bathroom on the top floor.
It is ideally located being in Margate's main High Street and less than a 5 minute walk to the main sands.
Please note we have not inspected this property.
Location
Margate is a seaside town in the Thanet District of Kent, England. It is located on the north coast of Kent and covers an area of 2 miles long, 16 miles north-east of Canterbury and includes Cliftonville, Garlinge, Palm Bay and Westbrook.
Accommodation
The ground floor space has a kitchen area and toilet to the rear with doors for rear access and front doors to the main high street. There is also a basement via a trap door which runs under the majority of the building and is home to the meters. The upper floor could be additional commercial space or a bedroom with a kitchen/lounge and bathroom on the top floor.
Tenure
Freehold. Title number K31769.
Council Tax
Band B.
Rateable Value
The current rateable value is 10,000 (1 April 2023 to present).
Sourced from voa.
EPC
Available upon request (rating D).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
*For sale via secure sale online bidding: Terms and conditions apply.*
We are pleased to offer to auction this ideal freehold commercial unit with either upper floor areas or could continue to be used as a flat.
This project was started and now being sold as seen with the materials on site.
The ground floor space has a kitchen area and toilet to the rear with doors for rear access and front doors to the main high street. There is also a basement via a trap door which runs under the majority of the building and is home to the meters. The upper floor could be additional commercial space or a bedroom with a kitchen/lounge and bathroom on the top floor.
It is ideally located being in Margate's main High Street and less than a 5 minute walk to the main sands.
Please note we have not inspected this property.
Location
Margate is a seaside town in the Thanet District of Kent, England. It is located on the north coast of Kent and covers an area of 2 miles long, 16 miles north-east of Canterbury and includes Cliftonville, Garlinge, Palm Bay and Westbrook.
Accommodation
The ground floor space has a kitchen area and toilet to the rear with doors for rear access and front doors to the main high street. There is also a basement via a trap door which runs under the majority of the building and is home to the meters. The upper floor could be additional commercial space or a bedroom with a kitchen/lounge and bathroom on the top floor.
Tenure
Freehold. Title number K31769.
Council Tax
Band B.
Rateable Value
The current rateable value is 10,000 (1 April 2023 to present).
Sourced from voa.
EPC
Available upon request (rating D).
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Floor plans and tours
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Pattinson - Commercial
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