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Marine Terrace, Margate Offers in the Region Of £65,000

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    Marine Terrace
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    Marine Terrace
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    Marine Terrace
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    Marine Terrace

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The property is found on the main seafront parade in Margate a short walk from the beach, the Turner Gallery and Margate High Street. Nearby occupiers include Costa Coffee, JD Wetherspoons and the popular Dreamland.

Club World is located in the lower ground floor which is serviced by a customer lift and stairs to the front and a delivery passage to the rear leading to a Hall By The Sea Road.

The centre is located on the ground floor and basement level and has a total floor area of 5,561 sq.ft (516.8 sq.m). The property includes male, female, and disabled toilets with a baby changing area.

This children’s play centre and party venue has benefited from substantial investment over the past 12 months and unfortunately due to illness the business is now for sale. The premises include a climbing frame, ball pit, toys, under 5’s toddler area, bouncy castle area and disco area as well as a family restaurant (5* kitchen rating).

The business also has a separate area for private hire for children’s parties and events which are very popular. For Premium Entrance customers have free parking in Dreamland.

The property are held on a lease expiring in 2023 at a passing rent of £18,000 per annum exclusive. The lease provides for full repairing and insuring covenants.

We are instructed to offer the business, with fixtures, fittings and goodwill for £75,000, subject to contract.


Gross Frontage

3.14 m

10 ft 4 in

Net Frontage

3.34 m

11 ft 1 in

Ground Floor

25 sq m

269 sq ft

Basement

491.7 sq m

5,292 sq ft

TOTAL

516.8 sq m

5,561 sq ft


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Marine Terrace
Margate CT9 1XJ
County: Kent
Sale Type: For Sale
Ref #: 00000249
Rics Zoopla Primelocation OnTheMarket Realla