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SOLD STC

King Street, Ramsgate, CT11

Guide Price
£475,000

£158.33 per sq ft

Business rates & charges may apply

Miles & Barr Commercial, Kent
SIZE AVAILABLE

3,000 sq ft

279 sq m

SECTOR

High street retail property for sale

Key features

  • Mixed Use Commercial
  • Two Shops, Four Flats
  • Fully Tenanted Property
  • Seperate Access To Flats
  • Flat 1 EPC Rating D
  • Flat 2 EPC Rating C
  • Flat 3 EPC Rating D
  • Flat 4 EPC Rating C

Description

Being Sold Via The Clive Emson Auction on 1/05/2024!

The property comprises of four flats and two commercial shops. The shops are currently let to one singular tenant of whom pays £1,400pcm on a 12 month agreement with no security of tenure dated 28/02/2024.

The current rental incomes from the four one bedroom flats are:

Flat One- £675pcm, Flat Two- £390pcm, Flat Three- £450pcm, Flat Four £392pcm.

Identification checks

Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

King Street, Ramsgate, CT11

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ramsgate Station0.8 miles
  • Dumpton Park Station0.8 miles
  • Broadstairs Station1.9 miles

About Miles & Barr Commercial, Kent

1 The Links, Herne Bay, Kent, CT6 7GQ

Miles & Barr Commercial, Kent

- Commercial Property Sales and Leasing

- Property and Portfolio Management

- Land Acquisitions

- Finance on all property types along with land and development

- Off plan new homes with bespoke marketing packages

More properties from Miles & Barr Commercial, Kent

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 22a563fe-d6a8-4352-9f47-bff3c0483844. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miles & Barr Commercial, Kent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Miles & Barr Commercial, Kent on 01843 265326.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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