INVESTMENT PORTFOLIO COMPRISING FOUR SEA FRONT FLATS ALL CURRENTLY LET
Cash buyers only. A mixture of four x 2 & 3 bedroom purpose-built apartments, comprising three x 2 bed flats and one 3 bed flat, all affording outstanding views across Margate Main Sands and out to sea. The apartments are situated within an iconic sea front building, close to the town's main-line railway station with easy access to London via the Hi-speed rail link. The town centre with a good selection of shops and the Old Town with its eclectic selection of trendy bars & restaurants are all just a short stroll away. The flats benefit from residents parking and an on-site caretaker.
Each flat is currently let on an Assured Shorthold Tenancy.
The properties are to be sold with the remainder of 114 year leases which commenced 1st October 1961 (approximately 51 years remaining).
To be offered for sale collectively by on-line auction with a guide price of £250,000 (unless withdrawn or sold prior) - Auction fees apply . The auction closes at 12noon on Wednesday 8th May. Full details of the auction bidding process and how to register are available at the Terence Painter website
The legal pack contains documents for all four flats.
Viewing is strictly by appointment with the selling Agents Terence Painter Estate Agents on