Market Street, Margate Old Town

Property Details: • Type: Mixed Use • Tenure: N/A • Floor Area: N/A

Key Features: • Margate Old Town Location • Close to Turner Contemporary Gallery and Main Sands • Grade 2 Listed • Versatile Commercial Space with Storage • 4 Bedroom Accommodation • Separate 1 Bedroom Studio Apartment

Location: • Nearest Station: Margate Station • Distance to Station: 0.5 miles

Agent Information: • Address: Stockwell House, Cecil Square, Margate, CT9 1BD

Full Description: MARGATE OLD TOWN - LARGE COMMERCIAL SPACE WITH PERIOD ACCOMMODATION PLUS ANNEXE STUDIO FLAT - Rarely available in Margate Old Town. This impressive period commercial property, once a public house, located in the heart of Margate’s Old Town, offers extensive residential accommodation across three upper floors.

The large commercial space on the ground level features two entrances, allowing it to function as a single open space or be easily divided into two separate shops/spaces. With two storerooms and a spacious, dry basement/cellar, the commercial area (subject to change of use approval) is highly versatile, making it ideal for various business purposes.

The residential space above has been thoughtfully renovated with many original features and includes a self-contained, one-bedroom studio annexe, perfect for holiday or short-term rentals. This unique property is an attractive opportunity for investors and business owners alike.

COMMERCIAL SPACE Ground Floor Large "L" Shaped Shop 30'9" (9.37m) x 17'10" (5.44m) Narrowing to 11'7" (3.53m) Adjoining Shop Area 23'1" (7.04m) x 11'5" (3.48m) Store Room 1 12'1" (3.68m) x 11'5" (3.48m) Store Room 2 12'10" (3.91m) x 22'2" (6.76m)

Commercial Area 852 sqft

Business Rates Rateable Value £10,250 April 23 / Small Business Multiplier 49.9p / £5114 Payable Source VAO

RESIDENTIAL

Basement Room 1 15'2" (4.62m) x 17'10" (5.44m) Room 2 14'1" (4.29m) x 18'1" (5.51m) Room 3 22' (6.71m) x 3' (0.91m) x 11'8" (3.56m)

MAIN RESIDENCE

1st Floor Living Area 18' (5.49m) x 14'1" (4.29m) Kitchen/Dining Area 16'4" (4.98m) x 11'5" (3.48m) Utility Room Door to Annex

2nd Floor Shower Room 6'5" (1.96m) x 5'10" (1.78m) Unfinished refurbishment Door to rear terrace Bedroom 1 18'4" (5.59m) x 14'2" (4.32m) Bedroom 2 16'3" (4.95m) x 11'5" (3.48m)

3rd Floor Bedroom 3 15'1" (4.60m) x 11'7" (3.53m) Bedroom 4 10'4" (3.15m) x 8'9" (2.67m) Bathroom 9'8" (2.95m) x 9'2" (2.79m)

REAR ANNEXE 1st Floor Living Space 25' (7.62m) x 12'11" (3.94m) Bedroom 10'7" (3.23m) x 8'4" (2.54m) Bathroom 9'6" (2.90m) x 6'1" (1.85m) Ground Floor entrance lobby with spiral staircase to 1st floor

EPC Exempt

Council Tax B

What3 Words ///lively.kicks.porch

With regards to viewing the subject property, this is to be strictly by appointment through Oakwood Commercial Property. Please contact us to arrange an internal inspection, or to register your interest.BrochuresBrochure 1