TypeLeisure & Hotel Investments · Mixed Portfolio Investments

CT9 Blue Wave Hydrotherapy And Gym Complex, Victoria Road, Margate

TenureFor sale

Blue Wave Hydrotherapy And Gym Complex, Victoria Road, Margate, CT9 1/16

Specification

Building size
Building size 9,091 sqft
Land size
Land size 0.57 acres
Property type
Property type Leisure & Hotel Investments · Mixed Portfolio Investments
Tenure
Tenure For sale

Description

- Comprises a detached two storey building extending to 9,091 sq ft (844.6 sq m), currently operating as a hydrotherapy pool and gym facility.

- Let on 15 year lease expiring April 2035 with annual RPI-linked rent reviews.

- Passing rent of £20,970 per annum.

- Potential for alternative uses or residential redevelopment.

- Total site area approximately 0.57 acres.

- Offers invited in excess of £200,000.

Comprises a detached two storey building extending to 9,091 sq ft (844.6 sq m), currently operating as a hydrotherapy pool and gym facility

Location

The property is located on Victoria Road in Margate, approximately 0.8 miles east of Margate town centre.

The surrounding development site has outline planning permission for up to 150 new homes.

Margate railway station is situated approximately 0.7 miles to the west of the property, providing direct services to Ramsgate, London St Pancras and London Victoria. The M2 motorway is located approximately 21 miles to the west of the property.

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