This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1 bedroom House for sale, High Street, Margate, Kent, CT9
Features and Description
- Immediate ‘exchange of contracts’ available
- Being sold via ‘Secure Sale’
- No chain
- Commercial
COMMERCIAL UNIT PLUS FLAT ABOVE - NO CHAIN - VACANT SOLD VIA SECURE SALE ONLINE BIDDING!
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £180,000. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties. Ideal freehold commercial unit with either upper floor areas or could continue to be used as a flat. This project was started and now being sold as seen with the materials on site. The ground floor space has a kitchen area and toilet to the rear with doors for rear access and front doors to the main high street. There is also a basement via a trap door which runs under the majority of the building and is home to the meters. The upper floor could be additional commercial space or a bedroom with a kitchen/lounge and bathroom on the top floor. It is ideally located being in Margate's main High Street and less than a 5 minute walk to the main sands.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A nonrefundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Tenure
Freehold title number K31769
Rateable Value
The current rateable value is £10,000 (1 April 2023 to present). Sourced from VOA.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale andare referred to below as 'The Auctioneer'.This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auctionterms and overseen by the auctioneer in partnership with the marketing agent.The property is available to be viewed strictly by appointment only via the Marketing Agent or TheAuctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.Please be aware that any enquiry, bid or viewing of the subject property will require your details beingshared between both any marketing agent and The Auctioneer in order that all matters can be dealtwith effectively.The property is being sold via a transparent online auction.In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers willbe required to adhere to a verification of identity process in accordance with Anti Money Launderingprocedures. Bids can be submitted at any time and from anywhere.Our verification process is in place to ensure that AML procedure are carried out in accordance withthe law.The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompaniedby a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.A Legal Pack associated with this particular property is available to view upon request and containsdetails relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.Auctioneers Additional CommentsIn order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of thepurchase price of the property. The deposit will be a contribution to the purchase price. A nonrefundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer topass their details to third party service suppliers, from which a referral fee may be obtained. There isno requirement or indeed obligation to use these recommended suppliers or services.
Tenure
Freehold title number K31769
Rateable Value
The current rateable value is £10,000 (1 April 2023 to present).Sourced from VOA.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
High Street, Margate, Kent, CT9

Additional Information
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Property refQCL240203
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EPCF
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TenureFreehold
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Council TaxB
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Local authorityThanet District Council












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Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
29Potential
72CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs