Ozengell Place, Ramsgate, CT12

commercial retail property for sale

In Excess of £750,000 For Sale

9.1% Commercial investment opportunity!

Miles and Barr are delighted to bring to the market this business centre investment opportunity! The property has been divided into numerous offices with additional communal areas for the tenants. The current rental income from the 8 offices is £68,172pa.

Office 1 – £12,000 per annum – Lease expires on 8th August 2024.

Office 2 – £17,172 per annum – Lease expires on 26th November 2024.

Office 3 – £4,200 per annum – Lease expires on 31st March 2024.

Office 4 – £6,000 per annum – Lease expires 19th April 2025.

Office 5 – £4,200 per annum – Landlord occupied office.

Office 6 – £4,200 per annum –Landlord occupied office.

Office 7 – £8,400 per annum – Lease expires on 29th April 2025.

Office 8 –£12,000 per annum – Lease expires 19th April 2025

All of the offices have been decorated to a high standard and include air conditioning in each room. The offices also have access to a communal board room, and kitchenette and WC facilities. The tenants also have access to numerous parking on site.

*Please note, this property is elected for VAT*

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 provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Room Sizes
Ground Floor Offices 32' 10" x 59' 9" (10.00m x 18.20m)

First Floor Offices 32' 10" x 59' 9" (10.00m x 18.20m)

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.