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Restaurant And Flat Gdv Over £700k For Sale

Margate, Kent, UK
Asking Price:
£350,000
Turnover:
Available on request
Net Profit:
Available on request

Mixed Use, Cliftonville

Margate, Kent

Offers Over £350,000

Opportunity -

Currently ‘The Golden Curry Restaurant’ 63 Northdown Road is a surprisingly large property, ideal for use across multiple sectors

The property will benefit from investment and development, which will not only increase the value of the property but also deliver a very healthy return on such an investment

Average property prices in CT9 2 are £3,000 sq/m

Location -

Northdown Road in Cliftonville is one of the main throughfare roads connecting Margate to Cliftonville

This is a bustling trendy and upcoming part of time that is currently seeing investment and development

Close to many local attractions and beaches it is a popular place to live and for holiday makers

Development -

The property could be converted into holiday lets, or private flats subject to necessary planning applications

Internal Details -

The ground floor and basement is currently used by the restaurant, with the kitchen to the rear and storage in the cellar, which is full height

Private four-bedroom accommodation on the first & second floor

Please see the floorplans for further information

External Details -

There is access to the private accommodation from the rear of the property

Please see the aerial photographs

Tenure -

Nationwide Business Sales are delighted to offer this opportunity to the market at ‘Offers Over £350,000’

* Development opportunity
* Mixed Use
* Multiple revenue streams
* Over 250 sq/m
* Residential development
* Retail or hospitality
* Fantastic price

Property Information

Property:

Freehold