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Commercial Investment With Planning For Conversion Of Upper Parts
Address
See address
Auction date
17 Jun 2026
Guide price
£750,000
Type
Commercial
Tenure
Freehold
EPC Rating
C
Status
Ended
Description
This substantial freehold mixed-use property located in Margate's town centre features eight bedrooms and eight bathrooms, making it an ideal investment opportunity. Currently let at £50,000 per annum, this property comes with planning permission for the conversion of upper parts into four self-contained flats.
- Freehold property
- Close to local amenities and the popular seafront
- Potential rental income of £45,000 per annum once converted
- Total floor area of 308 square meters
- EPC Rating C
With its advantageous location near Dreamland Amusement Park and the Turner Contemporary Art Gallery, the property promises strong rental demand. The applicant is advised to perform due diligence regarding the rental potential and condition of the property.
Last update: 28 May 2026
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