Offers in region of
£615,000
6 bed property for saleHigh Street, Ramsgate CT11
6 beds
3 baths
3 receptions
Freehold
About this property
Shop in high street location
Lots of passing trade
Half price business rates (see T.D.C)
Large basement area also
Commercial: 3 shops fully let out on leases with 3 x maisonettes above. This investment opportunity is being sold freehold and all the properties are fully let with AST's for the flats and shops on Leases. The Flats comprise of 1x1 Bedroom + 1x 2 Bedroom Maisonette and 1x3 Bedroom Maisonette. The total income is £43,860 per year and an opportunity to buy some land at the rear which is totally separate for an additional £100,000 which subject to the usual planning requirements could be converted into more apartments. The freehold property is situated in the thriving Ramsgate High Street. Situated opposite the Pilgrims Hospice Shop and close to Nat West .
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