No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£385,000
Added > 14 days

Property for sale

Ramsgate
Save
Property
3 bed
0 bath

Property description & features

  • Tenure: Freehold
  • Investment Opportunity
  • Commercial with Uppers
  • High Street Location
  • Recent Renovation
  • Fully Tenanted
  • 7% Yield
Commercial Property Investment Opportunity in Ramsgate High Street - period brick built commercial property investment opportunity, perfectly situated in the heart of Ramsgate's bustling High Street. This meticulously renovated gem comprises three studio flats and a thriving commercial space on the ground level, which has been transformed into a successful and atmospheric micropub. With a chilled cellar/basement, this property offers a blend of historic charm and modern amenities, making it an alluring investment prospect.

Property Features:
The building boasts a classic brick exterior that exudes timeless elegance, capturing the essence of the area's rich history.
Flats: Three contemporary studio flats provide comfortable sort after living spaces, catering to modern lifestyles.
Commercial Space: The ground level has been thoughtfully re-purposed as a thriving micropub, capturing the local flavour and offering a unique experience to patrons.
Cellar/Basement: The fully air-conditioned chilled cellar/basement adds practicality and versatility to the commercial space, ensuring optimal conditions for storage and operations.
Recent Renovations: The property has undergone sympathetic renovations, preserving its historic features while integrating contemporary design and functionality.
Rental Income: The current rental income of £27,000 per annum showcases a remarkable 7% yield, underlining the potential for lucrative returns on your investment.
EPC - D

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    *DISCLAIMER

    Property reference RAM0022010. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Oakwood homes - Ramsgate.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.