To be auctioned as a matter of urgency are these two properties on one site consisting of three totally separate, spacious office suites. The potential is endless and has a current income generation on two of the buildings is R16000.00. The tenants are all on a month to month at present and have been operating for many years. The third ground floor office/retail space is available to add to the lettable income.
Property 1: consists of a reception area with a large open plan office space suitable for a number of desk stations. There is a boardroom along with private offices, female and gents bathroom facilities and numerous filing rooms. The large kitchen leads out back where there is a staff accommodation as a standalone building.

Property 2: is a double storey building with separate access to each. It is finished with a wooden façade covering the brick and plaster structure.
The upper floor is currently let out and consists of a large reception office area, 2 private offices and two bathrooms. This tenant would like to resign a new lease to the prospective owner.
The ground floor offers a huge open plan space directly on the road front. It has wood paneled interior and built-in counter bases which could serve as desk stations should retail not be an option for you. There is a bathroom facility and a second room as an option for filing/storage.
This property generates a great return for the potential owner. The ground floor space is a perfect opportunity for a restauranteur, retail or any form of business. It is perfectly situated on the main road in Margate with great visibility and trade value and Seaviews.