Site area of 0.78 hectares (1.92 acres) reflecting a low site coverage of 28%
8 Week Completion
Full Vacant Possession on completion of the sale
Lot 35
Auction 13th February 2014
Vacant Possession
Status Sold
Price £465,000
Sector Development
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
16 miles north-east of Canterbury, 43 miles north-east of Maidstone
Roads
A254, A28
Rail
Margate Railway Station
Air
Manston International Airport
Situation
Margate is a popular coastal tourist town located on the north Kent coast. The property is prominently situated at the junction of Addington Street and King Street some 300 metres from the seafront. College Square Shopping Centre is situated immediately adjacent to the property with retailers including Iceland and Argos.
Tenure
Freehold.
Location
Miles
16 miles north-east of Canterbury, 43 miles north-east of Maidstone
Roads
A254, A28
Rail
Margate Railway Station
Air
Manston International Airport
Situation
Margate is a popular coastal tourist town located on the north Kent coast. The property is prominently situated at the junction of Addington Street and King Street some 300 metres from the seafront. College Square Shopping Centre is situated immediately adjacent to the property with retailers including Iceland and Argos.
Tenure
Freehold.
Description
The property comprises a broadly regular and level site of approximately 0.78 hectares (1.92 acres) upon which is a significant former leisure building which has previously been used as a bowling alley. The property benefits from an open Retail (A1) use class and extensive car parking.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a broadly regular and level site of approximately 0.78 hectares (1.92 acres) upon which is a significant former leisure building which has previously been used as a bowling alley. The property benefits from an open Retail (A1) use class and extensive car parking.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
