No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£13,200
Added > 14 days

Property for sale

King Street, Margate, CT9
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Property
0 bed
0 bath

Property description & features

  • Tenure: Leasehold
  • Margate Old Town
  • Some Original Features
  • Within 200m of the Sea Front
  • Former Restaurant Premises
  • New Commercial Lease

CHARACTER FORMER RESTAURANT PREMISES TO LET IN MARGATE'S SOUGHT AFTER OLD TOWN

This charming former restaurant premises is situated in the heart of Margate's vibrant Old Town quarter within a few hundred metres of the sea front, harbour & the Turner Contemporary.

The unit retains much of the property's historic charm, and is arranged with a restaurant area to the front, with a private lobby, kitchen and W.C. to the rear accessed via a shared hallway. The premises would lend itself to a number of alternative uses, subject to any necessary planning permission and the Landlord's consent.

The property is to be offered with a new commercial lease with a starting rent of £13,200 per annum.



Ground Floor

Entrance
The property is accessed at street level via a recessed glazed entrance door with feature side display window. Three quarter height window with feature green tiling below and to the sides.

Café/Restaurant Area
4.67m x 4.15m (15' 4" x 13' 7") With feature display window measuring 2.78m (9' 2'') wide. Wood flooring. Fitted counter with sink. 3.26m (10' 8'') high ceiling with ceiling lighting. Wall-fitted high level side counter. Door to shared hallway with access to lobby, kitchen and W.C.

Hallway
Shared hallway providing access to the upper and lower ground floors.

Lobby Area
2.03m x 1.79m (6' 8" x 5' 10") With radiator, doors to kitchen and W.C. Fitted work surface area. Wood flooring.

Kitchen
2.98m x 2.40m (9' 9" x 7' 10") With wooden sash window to side. Vinyl flooring. Twin basin stainless steel sink unit. Separate stainless steel wash hand basin. Tiling to half wall height. Wall mounted gas fired boiler. Strip lighting.

W.C.
Fitted with low level W.C and wash hand basin. Wood flooring.

Lease
The property is to be offered with a new 7-Year Full Repairing & Insuring Lease (terms to be agreed) at a commencing rental of £13,200 per annum.

Costs & Deposit
Ingoing tenant will be required to pay the Landlords reasonable legal costs.
The Landlord will require 3 months rent as a deposit.

Uses & Restrictions
The premises currently has consent for use as restaurant/café (A3) and has previously been used for retail.
The Landlord has put a restriction against use as a bar/pub premises.

Planning
All planning enquiries should be made to Thanet District Council's Planning Department on[use Contact Agent Button] or by email to: [use Contact Agent Button]

Property information from this agent

Places of interest

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    Terence Painter Estate Agents is a well-established and fully independent business with experienced staff that excel in proficient property services on the Isle of Thanet and East Kent. We pride ourselves on providing the same high level of service that we would expect to receive ourselves. We take care of all of your property requirements as a highly regarded company backed by many years of experience. At Terence Painter Estate Agents: Your property is offered for sale at our distinctive town centre offices Buyers are offered full-colour property details with external and internal photographs All of our listed properties are promoted on the nation’s busiest property portals Your property is promoted to a worldwide audience on this searchable website We regularly advertise properties in the local press Our ‘For Sale’ boards are both stylish and distinctive We offer free no-obligation market appraisals We offer competitive commission rates and operate a ‘No Sale, No Fee’ Policy We provide full-colour brochures featuring high-quality digital images with in-depth room descriptions and floor plans All viewings are accompanied by one of our experienced property professionals You receive regular, honest, and constructive viewing feedback A swift response to any offers that are received, with your best interests as our top priority Regular and clear updates once your sale has been agreed, so you know exactly what is happening

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on April 27, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.