1 bedroom Flat Sold
14 Market Place, Margate, Kent, CT9 1ES
£300,000
Sold
Key Details
Sold
1
Flat
Property Description
Mixed use Commercial Building with 3 Flats Above!
Mixed use, commercial with three flats above for sale via auction. The property comprises a commercial unit to the ground floor. With a 1 bedroom flat to the first floor, currently vacant with an improvement notice and prohibition order. Two further 2 bedroom flats to floors 2 & 3. Ideal investment opportunity, more information in the legal pack.
The accommodation comprises:
Ground floor retail shop unit. Net internal area is 25 sq.m. Entrance lobby, communal access to all floors.
Currently leased a �6,000 pa.
Flat 1 (lower ground floor, ground floor) comprising one/two bedroom accommodation. Gross internal area is 48 sq.m (518 sq.ft).
Currently vacant with improvement notice and prohibition order.
Flat 2 (first floor) comprising two bedroom flat. Gross internal area is 65 sq.m (697 sq.ft).
Previously let at �9,000 pa.
Flat 3 (second floor) comprising a two bedroom flat. Gross internal area 60 sq.m (641 sq.ft).
Currently Let at �9,300.
More photos and floorplan to follow.
Group Viewing:
For Sale by Online Auction on 28th August 2025
3 Flats
Commercial Ground Floor
Ideal Investment
�15,300 current income pa
Flat 1 + 2 are Vacant
