Commercial Property
£150,000
Marine Terrace, Margate, CT9
RARE OPPORTUNITY TO ACQUIRE A LIFE-STYLE CHANGING BUSINESS!
Due to the current owners retirement a pair of rare beach concessions have now come to the market. Having been operated by the same family for over 50 years the opportunity has now arisen to acquire two established beach concessions located on Margate's stunning Main Sands.
Ideally located in prime positions on Margate's renowned Main Sands the businesses are sited perfectly to attract holiday-makers, day-trippers and locals. Margate main-line railway station, with Hi-Speed services from London, is located within 100 metres of the beach providing a frequent influx of visitors. Regular coach trips are also scheduled throughout the season providing further arrivals of visitors, eager to visit the beach. The owners are looking to sell two beach concessions, one with rides and inflatables for small children, the other with inflatables & trampolines. All rides and equipment appertaining to the businesses are included within the sale.
The businesses are operated on allocated beach pitches under council commercial leases. The businesses operate between 1st April, or Easter if earlier, and 31st October. The current owners have advised that there is further scope to increase business turnover by holding events, hosting parties and with further community links as well as the potential to increase the operating hours. Whether you have always longed for a seasonal working life, a more appealing work-life balance, or you have entrepreneurial ambitions - this truly is a rare opportunity to buy into a life-changing business.
For further information and to arrange your viewing contact the sole agents Terence Painter on 01843 866866.
Concession One - Kiddies Corner
Children's Rides & Inflatable
Located on Margate's Main Sands this concession comprises two roundabouts, two sets of swings, an inflatable slide and a bouncy castle, suitable for younger children. Other items included within the sale are a site cabin and fencing.
Concession Two - Trampolines & Inflatables
Trampolines & Inflatables
Located on Margate's Main Sands this concession comprises a bank of four trampolines, a bungee trampoline and an inflatable bouncy castle. Other items included within the sale are a site cabin and fencing.
Leases
Each to be offered with the balance of 6 year Council Commercial Leases which commenced in 2025. The ingoing tenant will be required to meet the Council's requirements as a suitable tenant and operator, and have adequate insurance cover.
Rent
Concession One - Annual current rent of £9,200 per annum (payable in quarterly instalments)
Concession Two - Annual current rent of £5,200 per annum (payable in quarterly instalments)
Lease Premium
The current owners are seeking a premium of £150,000, to include all rides. equipment, fixtures & fittings appertaining to the business.
The owners preference is to sell the concessions jointly, however they may consider selling them separately, please contact the agents for further details.
Viewing
Viewings are strictly by appointment with the selling agents Terence Painter, to book your viewing call 01843 866866.
Terence Painter
Prospect House
44 High Street
Broadstairs
Kent
CT10 1JT
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