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16 bed Commercial Property

£745,000

Buenos Ayres, Margate, CT9

SSTC

Property FEATURES

  • Mixed Use Investment Property
  • Restaurant & Letting Rooms
  • Producing £83,500 Per Annum
  • Sea Views Across Main Beach
  • Next to Railway Station
  • Imposing Period Building

Property DESCRIPTION

PRIME MIXED USE SEA FRONT INVESTMENT PROPERTY CURRENTLY PRODUCING £83,500 Per Annum

This investment property currently produces, when fully let, approximately £83,500 per annum from a mixture of a restaurant premises and sixteen letting rooms. Arranged over five floors this substantial imposing sea front period property provides the opportunity to receive a good return on investment. The lower ground floor comprises a communal living room and kitchen, private bedroom, shower-room and several store rooms. A restaurant premises currently occupies the ground floor which is let at £11,693 per annum. The upper floors comprise of fifteen further letting rooms, three shared kitchens and four shower-rooms and currently produce an income of £71,812 per annum. For further details, floor plans or to arrange an appointment to view please call 01843 866866.



LOWER GROUND FLOOR


COMMUNAL LIVING ROOM & KITCHEN
5.02m x 4.37m (16' 6" x 14' 4") With access to basement lobby at front.

BEDROOM 1
5.02m max x 2.65m max (16' 6" x 8' 8") Window to front.

SHOWER ROOM


INNER HALLWAY
Access to a series of four store rooms and stairs leading up to ground floor.

GROUND FLOOR


RESTAURANT
10.30m max x 5.48m max (33' 10" x 18' 0") Incorporating restaurant area and kitchen. With separate customer access to side and sea views to the front.

MAIN GROUND FLOOR ENTRANCE LOBBY & HALL
With stairs leading to all upper floors and to the lower ground floor. Separate access to the restaurant.

GROUND FLOOR WC


FIRST FLOOR


BEDROOM 2
5.15m x 2.85m (16' 11" x 9' 4") Window to front

BEDROOM 3
4.18m x 2.60m (13' 9" x 8' 6") Windows to front and side.

BEDROOM 4
3.06m x 2.64m (10' 0" x 8' 8") Window to side

BEDROOM 5
2.94m x 2.40m (9' 8" x 7' 10") Window to side.

BEDROOM 6
3.37m x 1.75m (11' 1" x 5' 9") Window to side.

KITCHEN (FIRST FLOOR)
1.76m x 1.720m (5' 9" x 5' 8") Shared kitchen with window to rear.

SHOWER ROOM (FIRST FLOOR)


SECOND FLOOR


BEDROOM 7
5.02m x 3.35m (16' 6" x 11' 0") Window to front.

BEDROOM 8
3.73m x 2.38m (12' 3" x 7' 10") Windows to front and side.

BEDROOM 9
2.63m x 2.50m (8' 8" x 8' 2") Window to side.

KITCHEN (SECOND FLOOR)
2.42m x 2.40m (7' 11" x 7' 10") Window to side.

BEDROOM 10
3.51m x 2.05m (11' 6" x 6' 9") Window to side.

BEDROOM 11
3.66m x 1.58m (12' 0" x 5' 2") Window to rear.

SHOWER ROOM (SECOND FLOOR)
2.40m x 1.90m (7' 10" x 6' 3")

THIRD FLOOR


BEDROOM 12
5.16m x 3.35m max (16' 11" x 11' 0") With en-suite shower room. window to front.

BEDROOM 13
3.73m x 3.44m (12' 3" x 11' 3") With en-suite shower room. Window to front.

BEDROOM 14
2.81m x 2.48m (9' 3" x 8' 2") Window to side.

BEDROOM 15
3.45m x 2.64m (11' 4" x 8' 8") Window to side.

BEDROOM 16
3.21m x 0.9m (10' 6" x 2' 11") Window to rear.

KITCHEN (THIRD FLOOR)
3.66m x 1.15m (12' 0" x 3' 9")

Property LOCATION

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