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A unique opportunity
On behalf of Margate Estates Limited (MEL), JLL is offering for acquisition a real estate and leisure holding company which owns circa 17.5 acres of iconic British seaside on the shores of Kent at Margate Main Sands beach which includes:
- Iconic indoor and outdoor events space
- Consented seafront hotel development site
- Mixed use development opportunity
- Amusement park
In addition, MEL have an option to acquire a 140 year leasehold interest in a residential tower, retail units and a three storey car park in Arlington Square.
The subject sites provide a once in a lifetime opportunity to be involved with a catalytic resort regeneration scheme in one of Kent’s most treasured locations and to develop and grow the creative movement that currently thrives in Margate.
The Thanet District Council vision for Margate is that the town’s economic heart will be diversified through creative and cultural development and that it will continue to evolve as a contemporary seaside resort based on its unique offering of sandy beaches, bustling harbour and a rich and creative townscape.
- 1 Margate Estates Ltd site
- 2 Margate Train Station
- 3 Theatre Royal
- 4 Seafront restaurants / bars
- 5 Margate Caves
- 6 Margate Old Town - art galleries, retail, restaurants / bars
- 7 Margate Museum
- 8 Turner Contemporary
- 9 Margate Winter Gardens