A town centre plot in Margate with permission to be built on with 25 artists’ apartments, studios, gallery and café is to go under the hammer at auction.
The land at Sopers Yard, King Street, is next to the Old Town, seafront and Turner Contemporary.
It is among 149 lots listed for sale by Clive Emson, the land and property auctioneers, ahead of its next sale.
Jon Rimmer, auction appraiser, said: “This is a Christmas cracker of a lot.
“The plans include community meeting facilities and it is all designed to be a hub for the locals. The proposals are attractive and will enable artists to live and work there, benefiting from the communal nature of the environment.
“Perhaps one day it will produce the type of artistic fame that Paris has.”
The site is between the historic Tudor House and a mews development of town houses.
In October 2012 an application was refused for the erection of seven 3 storey dwellings at the site. An initial application for the artist apartments was also recommended for refusal but, after alterations to the design, was granted in 2013. A later application amended the number of artists apartments from 27 to 25.
The freehold guide price is £600,000-plus.
Proposed Accommodation
Ground Floor
Gallery/artist studios, workshops/artist studios, café, ladies, gents and disabled W.Cs., two bin stores and store.
Basement
Plant room/store.
First Floor
Eight apartments each with a kitchen and shower room with W.C. Three further apartments each with own kitchen and shower room with W.C., together with mezzanine level accommodation.
Outside
Roof garden.
Second Floor
Six apartments each with a kitchen and shower room with W.C. Two further apartments each with a kitchen, shower room and W.C. together with mezzanine level accommodation.
Third Floor
Six apartments each with a kitchen and shower room with W.C.
Find the property on the auction website here
The sale will conclude on Wednesday 13th December.
