Positioned in a charming seaside location, this convenience store supplies an extensive range of goods spanning grocery items, hot and cold snacks, drinks, ice creams, confectionery, beach toys, personal care items, and much more. Situated only one street away from Margate Seaside Park, pier and public barbeque areas popular with locals and visitors alike, this business is consistently busy.
* 24/7 opening hours
* Strong cash flow
The current owners might will considering the option of selling the 24/7 convenience store business as well.
Act now before this rare opportunity is missed.
The size of Margate is approximately 2.6 square kilometres. It has 12 parks covering nearly 6.8% of total area. The population of Margate in 2016 was 7405 people. By 2021 the population was 7575 showing a population growth of 2.3% in the area during that time. The predominant age group in Margate is 50-59 years. Households in Margate are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margate work in a professional occupation.In 2021, 56.70% of the homes in Margate were owner-occupied compared with 53.20% in 2016.
Margate has 4,166 properties. Over the last 5 years, Houses in Margate have seen a 109.54% increase in median value, while Units have seen a 84.55% increase. As at 31 March 2026:
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