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50 Connaught Rd

2,317 SF Retail Building Margate CT9 5TW $571,504 ($247/SF) 8.98% Cap Rate

Retail Space Kent Margate 50 Connaught Rd, Margate, KEN CT9 5TW

Investment Highlights

  • Let to Independent Vetcare Limited until 2035(1
  • The property comprises a single storey veterinary practice and hospital with reception, offices, consulting rooms, kennels, operating theatre and WC's
  • On-site parking for 11 cars

Executive Summary

The property comprises an investment opportunity for sale.

Attachments

Commercial - 5th November 2024 - Lot 52 - Thanet Vets, College Road, Margate, Kent, CT9 5TP

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Veterinarian/Kennel
Building Size
2,317 SF
Year Built
1990
Price
$571,504
Price Per SF
$247
Cap Rate
8.98%
NOI
$51,321
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.17 AC
Frontage
52 FT on College Rd
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Nearby Major Retailers

ALDI
Londis
Lloyds Bank
Costa Coffee
NatWest
Barclays
Iceland
Morrisons
Tesco
+44 20 7543 6891

Contacts

  • Listing ID: 33740756

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 50 Connaught Rd, Margate CT9 5TW

The Retail Property at 50 Connaught Rd, Margate, CT9 5TW is currently available for sale. Contact Allsop for more information.

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50 Connaught Rd
+44 20 7543 6891 x

50 Connaught Rd

1/2

Philip Parsons

+44 20 7543 6891

+44 20 7543 6891

Ben Kanerick

+44 20 7543 6881

+44 20 7543 6881

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