Industrial

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Industrial

Viking Court, Cliftonville Avenue, Margate, Kent CT9
£130,000

Price History

Initial price £150,000
07/02/25 £140,000
18/04/25 £135,000
18/06/25 £130,000
Price Change -13.33%

Description

Cooke and Co is pleased to offer a social club for sale, located on Northdown Road with a 99-year lease from 1993, with 68 years remaining. The property benefits from a bar and seating area, separate function room, and large cellar, as well as staff and customer toilets. The interior features a bar, office, kitchenette, and inner hallway leading to customer toilets and private access. The cellar is accessed from the rear of the building. The lease allows only the premises to be used as a social club, and it runs for 99 years with a ground rent of £100 per annum, increasing by £100 every 33 years. The lessee is responsible for maintaining and upkeeping the internal and external areas of the ground and basement levels. The property is being sold with furniture, and offers are invited.