Seafront property in the vibrant town of Margate, UK
Market Price
21 Eastern Esplanade, Margate, England CT9 2HL, United Kingdom
22,033.7 Sqft
Building Size
40
Keys
Details:
Highlights:
- Distinctive, high-quality asset with modern design
- Margate’s first lifestyle hotel featuring a hybrid accommodation model
- Significant Upside Potential through HMO
- Co-work and F&B generate extra revenue, reducing dependence on rooms and seasonality.
- Very limited opportunities in the tightly held Margate hotel market
- Sea-view asset just 5 minutes' drive from major tourist attractions
- No Operational Encumbrances
- Freehold asset, free from any operator encumbrances.
Description:
Executive Management Consulting (“EMC”), on behalf of Margate Holding Ltd., is pleased to present a unique investment opportunity in the Margate Cowork & Stay — a seafront property in the vibrant town of Margate, a popular weekend getaway just 90 minutes from London by train.
The 40-key hybrid hotel, set against Margate’s charming coastal backdrop, is in close proximity to major attractions such as the Turner Contemporary, Dreamland, and the Oval Bandstand. The property benefits from a recent renovation in 2022 and was rebranded as Selina, a trendy lifestyle hotel, operating successfully until September 2024. With minor cosmetic updates required, this freehold asset presents a rare opportunity with seafront views, extensive amenities, and the potential for conversion into a House in Multiple Occupation (HMO), offering flexible uses and maximizing revenue potential.
Documents:
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20240918_-_Margate_Teaser_-_EMC_Consulting.pdf
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Location
