For sale by Modern Method of Auction; Starting Bid Price £375,000.00 plus Reservation Fee...

Miles and Barr are delighted to bring to the market this commercial investment oppurunity on the popular Queen street in Ramsgate.

The property consists of a ground floor shop, with a fully lscenced HMO above. The ground floor shop currently has a 12 year lease in place from 2017 achieving £1,582 per month.

The HMO above has 5 bedrooms, all of which tennanted, as well as a communal kitchen and bathroom. These tennants are currently all on short hold AST's.

The property is being sold Via the modern method of auction via IAMSOLD, with a start price of £375,000.

Viewing Highly Reccomended.

This property is for sale by “Regional Auction name powered by iamsold Ltd” or “iamsold Ltd”

Room Sizes
Shop Zone A 7.524 x 4.565 (24'8" x 14'11")
Shop Zone B 4.436 x 5.155 (14'6" x 16'10")
Bathroom 3.6 x 1.511 (11'9" x 4'11")
Communal Kitchen 4.748 x 3.003 (15'6" x 9'10")

Ramsgate Area Guide

Ramsgate – Marina paradise Ramsgate’s waterfront and marina is an idyllic location. The seafront has a thriving café culture and many restaurants. The high street has a good mix of independent and chain shops. If you’re interested in living in Ramsgate, come into our Ramsgate office and we can help find a property to suit you.