R 1 150 000
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220 m² Retail Space in Margate

220 m²

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 costs. Call now for an appointment to view.

Property details

  • Listing number T4733061
  • Property type Retail
  • Listing date 1 Aug 2024
  • Floor size 220 m²
  • Rates and taxes R 1 500
  • Levies R 4 000

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