Ramsgate

GBP 385,000
For Sale

Property Details

Property Type

Commercial Property

Description

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

Key Features: • Investment Opportunity • Commercial with Uppers • High Street Location • Recent Renovation • Fully Tenanted • 7% Yield

Location: • Nearest Station: Ramsgate Station • Distance to Station: 0.6 miles

Agent Information: • Address: 55a Queen Street, Ramsgate, CT11 9EJ

Full Description: Commercial Property Investment Opportunity in Ramsgate High Street - period brick built commercial property investment opportunity, perfectly situated in the heart of Ramsgate's bustling High Street. This meticulously renovated gem comprises three studio flats and a thriving commercial space on the ground level, which has been transformed into a successful and atmospheric micropub. With a chilled cellar/basement, this property offers a blend of historic charm and modern amenities, making it an alluring investment prospect.

Property Features: The building boasts a classic brick exterior that exudes timeless elegance, capturing the essence of the area's rich history. Flats: Three contemporary studio flats provide comfortable sort after living spaces, catering to modern lifestyles. Commercial Space: The ground level has been thoughtfully re-purposed as a thriving micropub, capturing the local flavour and offering a unique experience to patrons. Cellar/Basement: The fully air-conditioned chilled cellar/basement adds practicality and versatility to the commercial space, ensuring optimal conditions for storage and operations. Recent Renovations: The property has undergone sympathetic renovations, preserving its historic features while integrating contemporary design and functionality. Rental Income: The current rental income of £27,000 per annum showcases a remarkable 7% yield, underlining the potential for lucrative returns on your investment. EPC - DBrochuresBrochure 1Energy Performance CertificatesEPC - 1EPC - 2

Location

Address

Ramsgate

City

Thanet

Features and Finishes

Investment Opportunity, Commercial with Uppers, High Street Location, Recent Renovation, Fully Tenanted, 7% Yield

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