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R 1 400 000

Commercial Property for Sale in Margate

Margate

Contact broker for street address

220 m²

Contact Broker

Anton Viljoen

Show Contact Number

Retail property with accommodation for sale!

A centrally located commercial property consisting of a retail section on the ground floor and two store-rooms situated behind the shop.. The shop is currently divided into two retail areas, both are tenanted and yield a good return and margin after costs. The total GLA extent is 220m2 which includes the store-rooms located behind the shop-fronts. This is a prime location nestled amongst the financial hub of Margate, a lot of local traffic and also the holiday makers haven. The mall is located directly opposite, with many food and other retail and entertainment venues. The shops are approximately fifty meters walk, from the beach-front and Margate pools and pier. The perfect location for a small to medium retail business or two, with storage and secure parking. Don't miss out, this is a bargain at the price and the seller is open to assisting with minor re-vamp...

Listing number: P24-114739612, Image number: 1

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Listing number: P24-114739612, Image number: 6

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Property Overview

Listing Number

114739612

Type of Property

Commercial Property

Description

Retail, Double Storey

Listing Date

01 August 2024

Net Price

R 14 500

Floor Size

220 m²

Levies

R 4 000

Rates and Taxes

R 1 500

Building

Gross Lettable Area

220 m²

Points of Interest

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