High Street, Margate

Kent CT9 1JW


£28,500 per annum

REF # RC1090
120_High_Street_Margate.jpg

Property Features

  • Retail
  • Status: To Let
  • Square Ft.: 1951

LOCATION:                                                                                        

The property is situated in the upper section of the High Street in the prime pedestrianised area.  Other multiples in the vicinity include McDonalds, W.H. Smith, Coral, Subway, Costa, Boots and Holland & Barrett. 

 

Margate has the internationally acclaimed Turner Contemporary Gallery and the Leisure Park at Dreamland has now reopened.  There is good access onto the A299 Thanet Way for the M2 for London and there are fast train services from the rail station at Margate which is approximately half a mile distant. 

 

DESCRIPTION:                                                                  

The property comprises a ground floor shop unit c. 181.25 sq.m. (1,951 sq.ft.) with ancillary storage areas of the first floor c. 53.05 sq.m. (571 sq.ft.).

 

ACCOMMODATION:                                                                      

NB: All measurements shown are believed to be accurate but must be regarded as approximate only.  No appliances or services tested. 

                                                                                                                 

 

Ground Floor

 

Gross Internal Floor Area………………………………………………………………….181.25 sq.m. (1,951 sq.ft.)

 

First Floor

 

Ancillary Storage and Kitchen Facilities………………………………………………53.05 sq.m. (571 sq.ft.)

 

 

LEASE:

A new full repairing and insurance lease would be available subject to 5 yearly upward only rent reviews.  Terms upon request. 

 

RENT:

£30,000 per annum exclusive of rates. 

 

LEGAL COSTS:

The ingoing tenant would be required to provide an undertaking to pay the Landlords abortive legal cost in the event they withdraw from the transaction once Solicitors have been instructed.  Each party will be responsible for their own costs on completion. 

 

VIEWING:

For viewing arrangements please contact:

Kylie Boers on 01843 85100 kylie.boers@pearsongore.co.uk 

or Stuart Jerden on 01843 851000 stuart.jerden@pearsongore.co.uk

 

EPC - 120 High Street, Margate

 

COPYRIGHT:

All statements contained in these particulars as to this property are made without responsibility on the part of Pearson Gore or the vendors/lessors.  These particulars are the copyright of Pearson Gore and can only be reproduced with written consent from the above office.  We have not tested the equipment, appliances and services in this property.  Interested applicants are advised to commission the appropriate investigations before proceeding. Applicants should satisfy themselves that any necessary permission’s are in place for the use stated. Unless otherwise stated all prices/rents are quoted exclusive of VAT and SDLT.  Any intending purchaser/lessee should satisfy themselves independently as to the incidences of VAT prior to any transaction.    SUBJECT TO CONTRACT    RC1090/SJ/11/11/15

 

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