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Offers in region of
£200,000

Property for sale

High Street, Ramsgate CT11
Property
3 beds
Added > 14 days

Features and description

  • Tenure: Leasehold (118 years remaining)
  • Shop in high street location
  • Lots of passing trade
  • HALF PRICE BUSINESS RATES (see T.D.C)
  • Large basement area also
INVESTORS DELIGHT Rental income : £35,780 per annul total income for the total units. This includes the 3 retail units and 3 flats, The flats comprise of 1 x 1 Bedroom Maisonette - 1 x 2 Bedroom Flat and 1 x 3 Bedroom Flat. The flats are all let out on a long term basis and the shops are too with individual tenants for these also. This site also includes a plot of land with an application in for 4 flats on it all for £600.000.00.
The total rental income is a return of 5.9% back on your investment. This is a good yield and we welcome your calls for more information.

THERE IS A PLOT OF LAND TOO behind this offering which is available for £100.000.00. Ideal for new build flats STP.

If you would like a block of flats and shops on one freehold purchase this is the one for you. Please call Lovetts of Ramsgate on[use Contact Agent Button].

Property information from this agent

About this agent

Lovetts of Ramsgate - Ramsgate
Lovetts of Ramsgate - Ramsgate
78 High Street Ramsgate, Kent CT11 9RX
01843 306293
Full profileProperty listings
Part of a fast-growing, independent company, our dedicated team combine local expertise with entrepreneurial talent and successfully sell hundreds of properties each year as a result. Whether you are looking to buy, sell, or rent, we listen to your needs and use our knowledge and personal approach combined with the latest technology to achieve your objectives. Get in touch with our estate agents today in Ramsgate, Kent, to receive your free consultation.
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