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Investment For Sale, Margate, Kent

Investment in Margate
Investment in Margate
Investment in Margate
Investment in Margate

Property ID: 158338

£200,000 Freehold

Blue Wave Hydrotherapy And Gym Complex,Victoria Road, Margate, Kent, CT9 1NA

Type Investment
Status Available
Size 9,091 sq ft

Key Features

  • FREEHOLD LEISURE INVESTMENT FOR SALE
  • Comprises a detached two storey building extending to 9,091 sq ft (844.6 sq m), currently operating as a hydrotherapy pool and gym facility
  • Let on 15 year lease expiring April 2035 with annual RPI-linked rent reviews
  • Passing rent of £20,970 per annum
  • Potential for alternative uses or residential redevelopment
  • Total site area approximately 0.57 acres
  • Offers invited in excess of £200,000
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Description

The property is located on Victoria Road in Margate, approximately 0.8 miles east of Margate town centre.

The surrounding development site has outline planning permission for up to 150 new homes.

Margate railway station is situated approximately 0.7 miles to the west of the property, providing direct services to Ramsgate, London St Pancras and London Victoria. The M2 motorway is located approximately 21 miles to the west of the property.

The property is located within the administrative area of Thanet District Council.

- Comprises A Detached Two Storey Building Extending To 9,091 Sq Ft (844.6 Sq M), Currently Operating As A Hydrotherapy Pool And Gym Facility.
- Let On 15 Year Lease Expiring April 2035 With Annual Rpi-linked Rent Reviews.
- Passing Rent Of £20,970 Per Annum.
- Potential For Alternative Uses Or Residential Redevelopment.
- Total Site Area Approximately 0.57 Acres.
- Offers Invited In Excess Of £200,000.

The Property Is Located On Victoria Road In Margate, Approximately 0.8 Miles East Of Margate Town Centre.

The Surrounding Development Site Has Outline Planning Permission For Up To 150 New Homes.

Margate Railway Station Is Situated Approximately 0.7 Miles To The West Of The Property, Providing Direct Services To Ramsgate, London St Pancras And London Victoria. The M2 Motorway Is Located Approximately 21 Miles To The West Of The Property.

The Property Is Located Within The Administrative Area Of Thanet District Council.
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Stiles Harold Williams Partnership LLP
Stiles Harold Williams Partnership LLP View all properties

Property ID: 158338

Investment For Sale, Margate, Kent
£200,000 Freehold

Blue Wave Hydrotherapy And Gym Complex,Victoria Road, Margate, Kent, CT9 1NA

Investment · Available · 9,091 sq ft

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Stiles Harold Williams Partnership LLP
Stiles Harold Williams Partnership LLP View all properties
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