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Property for sale

Marine Terrace, Margate, CT9
Property
Added < 14 days

Features and description

  • Life-Changing Business Opportunity
  • Two Beach Concessions
  • All Rides & Equipment Included in the Sale
  • Retirement Sale
  • Council Commercial Lease

RARE OPPORTUNITY TO ACQUIRE A LIFE-STYLE CHANGING BUSINESS!

Due to the current owners retirement a pair of rare beach concessions have now come to the market. Having been operated by the same family for over 50 years the opportunity has now arisen to acquire two established beach concessions located on Margate's stunning Main Sands.

Ideally located in prime positions on Margate's renowned Main Sands the businesses are sited perfectly to attract holiday-makers, day-trippers and locals. Margate main-line railway station, with Hi-Speed services from London, is located within 100 metres of the beach providing a frequent influx of visitors. Regular coach trips are also scheduled throughout the season providing further arrivals of visitors, eager to visit the beach. The owners are looking to sell two beach concessions, one with rides and inflatables for small children, the other with inflatables & trampolines. All rides and equipment appertaining to the businesses are included within the sale.

The businesses are operated on allocated beach pitches under council commercial leases. The businesses operate between 1st April, or Easter if earlier, and 31st October. The current owners have advised that there is further scope to increase business turnover by holding events, hosting parties and with further community links as well as the potential to increase the operating hours. Whether you have always longed for a seasonal working life, a more appealing work-life balance, or you have entrepreneurial ambitions - this truly is a rare opportunity to buy into a life-changing business.

For further information and to arrange your viewing contact the sole agents Terence Painter on[use Contact Agent Button].

Rooms

Children's Rides & Inflatable
Located on Margate's Main Sands this concession comprises two roundabouts, two sets of swings, an inflatable slide and a bouncy castle, suitable for younger children. Other items included within the sale are a site cabin and fencing.

Trampolines & Inflatables
Located on Margate's Main Sands this concession comprises a bank of four trampolines, a bungee trampoline and an inflatable bouncy castle. Other items included within the sale are a site cabin and fencing.

Leases
Each to be offered with the balance of 6 year Council Commercial Leases which commenced in 2025. The ingoing tenant will be required to meet the Council's requirements as a suitable tenant and operator, and have adequate insurance cover.

Rent
Concession One - Annual current rent of £9,200 per annum (payable in quarterly instalments)

Concession Two - Annual current rent of £5,200 per annum (payable in quarterly instalments)

Lease Premium
The current owners are seeking a premium of £150,000, to include all rides. equipment, fixtures & fittings appertaining to the business.

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About this agent

Terence Painter Estate Agents - Broadstairs
Terence Painter Estate Agents - Broadstairs
44 High Street Broadstairs, Kent CT10 1JT
01843 306705
Full profileProperty listings
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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