£20,000 pa
(£38.10/sq. ft. pa)
Property to letKing Street, Ramsgate CT11
525 sq. ft
Just added
Available immediately
About this property
Fantastic opportunity to acquire a fully fitted pizza shop with two self-contained one-bedroom flats above, located on the busy King Street in Ramsgate. The property is held on a 25-year lease with rent and rates combined at just 1,665 per month for the entire building.
The two flats currently generate around 20,000 per annum in rental income, which more than covers the rent and rates for the whole building. This means the shop can be operated with minimal overheads, making it a highly attractive and low-risk opportunity.
The premium is 55,000. With strong passing trade, established local demand, and the added security of rental income covering all property costs, this is a rare chance to secure a profitable business and property package in a prime location.
Pizza Shop with 2 Flats - King Street, Ramsgate, CT11
Prime King Street location – busy high street with strong footfall
2 x One-Bedroom Flats above the shop
Rent & Rates: 1,665 pcm for the entire building
Flats generate approx. 20,000 p.a., covering rent & rates in full
25-Year Lease
Premium: 55,000
Fully fitted pizza shop with established local demand
The two flats currently generate around 20,000 per annum in rental income, which more than covers the rent and rates for the whole building. This means the shop can be operated with minimal overheads, making it a highly attractive and low-risk opportunity.
The premium is 55,000. With strong passing trade, established local demand, and the added security of rental income covering all property costs, this is a rare chance to secure a profitable business and property package in a prime location.
Pizza Shop with 2 Flats - King Street, Ramsgate, CT11
Prime King Street location – busy high street with strong footfall
2 x One-Bedroom Flats above the shop
Rent & Rates: 1,665 pcm for the entire building
Flats generate approx. 20,000 p.a., covering rent & rates in full
25-Year Lease
Premium: 55,000
Fully fitted pizza shop with established local demand