A Well Located Substantial Development Opportunity of a Former Sixty Bedroom Hotel Offered with Planning Permission for Conversion to Provide Nineteen Self-Contained Flats (17 x Two Bed, 2 x Three Bed)

The large corner site comprises an end of terrace former hotel arranged over ground and two upper floors. The property is in now in shell condition.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of The Oval Gardens and Margate Beach are within easy reach. Transport links are provided by Margate rail station.

Accommodation

Property is in Shell Condition but Formerly arranged as: Ground Floor Reception Hall, Five Office Rooms, Two Laundry Rooms, Chapel, Dining Room, Lecture Room, Computer Room, Kitchen, 3 x WCs, Covered Swimming Pool, Cellar First Floor 26 Bedrooms (most with En-Suite Shower/WC), Living Room Second Floor 26 Bedrooms (most with En-Suite Shower/WC), Living Room Third Floor 9 Bedrooms (most with En-Suite Shower/WC), Living Room G.I.A 2,400 sq m / 26,000 sq ft

Planning

Thanet Council granted the following planning permissions on 20th Aug 2020 ref: F/TH/19/1740 & 22nd Apr 2022 F/TH/22/0531 : (Change of use and conversion of upper floors to 14 self contained flats) (Change of use of part ground floor to residential (Use Class C3) comprising 5 self contained flats consisting of 3No-2-bed and 2No 3-bed)

Proposed Accommodation

Ground Floor 3 x Two Bedroom Flats 2 x Three Bedroom Flats First Floor 6 x Two Bedroom Flats Second Floor 6 x Two Bedroom Flats Third Floor 2 x Two Bedroom Flats

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.