Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Ground floor retail unit
- Tenanted investment
- Let to a cafe
- Annual income of £8,400
- Popular retail location
- Freehold title
The retail unit comprises of a ground floor unit which comprises of kitchen facilities, cloakroom and W.C. and is currently operating as a cafe. There is a passing rent of £8,400 per annum with a lease to January 2027.
The property is situated in Ramsgate, and is accessible from Stockton High Street. Ramsgate has a mixture of retail and leisure users with offices and residential on upper floors.
Rooms
Location
The subject property is located along Ramsgate, Stockton-on-Tees. The property is well located close to the town centre and close to local transport links with the closest bus stop being a short walk away as well as Stockton train station being 0.5 miles away. The property is 37 miles south of Newcastle upon Tyne and 4.2 miles west of Middlesbrough.
Tenure
Freehold. Title number CE97013.
Rateable Value
The current rateable value is £5,200 (1 April 2023 to present).
Sourced from VOA.
EPC
Available upon request (rating C).
Places of interest
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area
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