Lot 24: HIGH STREET RETAIL UNIT AND WELL PRESENTED MAISONETTE

Sold £181,000

A substantial terrace property located in the pedestrianised section of Margate High Street, close to nationwide retailers and banks, building societies, e.g. Nationwide, Boots Opticians and Santander.

The premises comprises a vacant shop to the ground floor and a well presented good size four bedroom maisonette to the upper parts which has been let to the same tenant for several years. The maisonette is accessed at the rear via an external staircase. The commercial unit is in need of complete refurbishment and is situated in a prominent position.

Ground Floor

Shop with main retail area, kitchen and W.C. Cellar area with four rooms.

Maisonette

Accessed via a staircase at the rear.

First Floor

Entrance porch, hallway, living room, dining room and kitchen.

Second Floor

Landing, four bedrooms, bathroom and separate W.C.

Outside

Garden to rear.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £700 per calendar month.

Freehold with Vacant Possession

Residential EPC: F
Commercial EPC: E