Market Place, Margate
£36,000 Per Annum

Nestled in the heart of Margate's vibrant Old Town, this exceptional commercial property offers a unique opportunity for entrepreneurs and investors alike. Previously operating as a licensed café/bar, the premises boasts a prime location that is sure to attract both locals and tourists, making it an ideal spot for a new venture.

The property features a spacious interior, complemented by a large basement area that provides ample storage and additional seating options, enhancing the potential for various business concepts. Furthermore, the outside seating area presents a charming space for patrons to enjoy al fresco dining, particularly appealing during the warmer months.

With its rich history and bustling surroundings, this property is perfectly positioned to benefit from the area's lively atmosphere. Whether you envision a trendy café, a stylish bar, or a unique retail space, the possibilities are endless in this sought-after location.

Do not miss the chance to secure a foothold in one of Margate's most desirable areas, where creativity and commerce thrive. This property is a rare find and is sure to attract significant interest.

Fees applying to all new tenancies from 1st June 2019

We may charge a tenant any or all of the following when required:

1. the rent;

2. a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year;

3. a holding deposit of no more than one weeks’ rent;

4. default fee for late payment of rent (after 14 days); 5. reasonable charges for lost keys or security fobs;

6. payments associated with contract variation, at £50 inc. vat or reasonable costs incurred if higher, when requested by the tenant;

7. payments associated with early termination of the tenancy, when requested by the tenant; and

8. payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges.

Fees applying to all pre-existing tenancies entered before 1st June 2019 We shall continue to apply the charges within the existing tenancy agreement until 31st May 2020.

LANDLORD FEES(applies per property)

Tenant Finder Fee - 60% inc.vat of the first months rent.

Management Fees from 9.6% inc. vat up to 12% inc. vat.

Basic Inventory Fee Unfurnished property - £30 inc. vat. Furnished property £60 inc. vat. Deposit Registration Fee: £30 inc. vat. Additional property visits: £60 inc.vat.