King Street, Ramsgate, CT11

commercial retail property for sale

Sold Subject To Contract

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.

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.