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Marketed by
Zion Place Zion Place, Margate, CT9 1RP
Use Class
E
Size
14,100 sq ft
Rent pa
£170,000
Market Sector
High Street Scheme
Description
TO LET, LARGE MULTI USE BUILDING WITH PARKING
Margate is a classic English seaside town on the northeast coast of Kent, around 75 miles from London. The property is located east of the town centre on Fort Crescent at the junction of Zion Place. The Turner Contemporary is a 6 minute walk as is the town centre and harbourside. The position provides sea views and good visibility on a main road leading out of town towards Botany Bay. The property sits between Margate town centre and the Cliftonville neighbourhood. It sits to the north of an Aldi Supermarket. The modern property was developed 20 years ago as a purpose built two storey casino with 35 surface car park spaces to the rear accessed off Zion Place. The property now operates as an office. Total plot size 0.572 acre or circa 25,000 sq. ft.
Accommodation
14,100 Sq.Ft
The property provides the following approximate net internal floor areas based on the RICS Code of Measuring Practice (6th Edition). Interested parties are advised to satisfy themselves as to the exact measurements. In addition, the premises benefit from 35 parking spaces.
Financial
Lease Type
New Lease
Lease Term
The premises are available on a new full repairing and insuring lease for a term of years to be agreed, subject to 5 yearly upward only rent reviews.
Rent
£170,000 per annum exclusive.
Costs
Each party to be responsible for their own legal costs incurred in this transaction.
Business Rates
We have been informed by the Valuation Office Agency of the following rating information: Rateable Value £124,000 UBR (26/27) 0.43p All parties are to advised to make their own enquires to the relevant authority.
Rates
Sustainability
Energy Performance Certificate
Energy Performance Certificate Information
The property has an EPC rating of C 69. A full report is available upon request.
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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