Albert Terrace, Margate

Prime Location Commercial to LET, Suitable As An Office, Shop or Studio, Measures A Total Of 872 SqFt, Visible from Margate Beach.

RENT
£1,050 PER CALENDAR MONTH (£12,600 PER ANNUM)

LOCATION DESCRIPTION
Positioned in the heart of Margate, less than 100m from Margate beach. This coveted spot provides excellent transport links, being half a mile to the train station. Parking is facilitated by permit availability directly outside the property or via an annual permit at the nearby multi-story car park.

PROPERTY DESCRIPTION
A ground floor double aspect commercial space, situated in a grade 2 listed building, that would suit as a shop, office or studio. With direct visibility from Margate Beach. Measuring a total of 872 SqFt

Ground Floor - 804 SqFt Open plan space with dual aspect windows looking out to Margate Beach.
Storage Room/Utility Room 34 SqFt
Kitchen Area 34 SqFt

CURRENT BUSINESS RATES
Figures from the Valuation Office show a current rateable £10,500 as at September 2024 which normally means an amount payable of between 40%-50% of this figure. You will need to check the correct rateable value with the relevant local authority which is Thanet District Council.

CURRENT CLASS OF BUSINESS USE
We believe the current class of business use is 'E'. Interested parties are advised to seek clarification of permitted use from the local authority.

AGENTS NOTE
Ingoing tenant to pay a referencing fee of £150

EPC
The property is Grade II Listed and is exempt.