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COMMERCIAL

Ramsgate

£385,000
Oakwood Homes, Ramsgate
PROPERTY TYPE

Commercial Property

BEDROOMS

3

BATHROOMS

3

SIZE

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Key features

  • Investment Opportunity
  • Commercial with Uppers
  • High Street Location
  • Recent Renovation
  • Fully Tenanted
  • 7% Yield

Description

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

Brochures

Brochure 1

Energy Performance Certificates

EPC - 1EPC - 2

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ramsgate Station0.6 miles
  • Dumpton Park Station0.8 miles
  • Broadstairs Station1.9 miles

About Oakwood Homes, Ramsgate

55a Queen Street, Ramsgate, CT11 9EJ
Industry affiliations:Industry affiliation logo 0

Oakwood homes are an independently owned and established property business, with attention to great customer service! All our teams are very experienced in handling property sales and lettings paying particular focus to the small things that really matter when moving.

We are located in Thanet, East Kent with all our teams living locally to the area they work - so we understand what matters to sellers and buyers with important issues such as schools, transport links, local community and the things in life that balance how we all now live.

Our teams have a wealth of experience in almost every aspect of property which include sales, lettings, property management, commercial, land & new homes plus prestige & country - so whatever your needs are - we can help!

We believe in shopping local - that's why we still operate from prominent High Street offices which are welcoming and comfortable to cater for our modern day's needs, as well as investing heavily in technology to maximise our marketing. Feel free to pop into any branch for a confidential conversation over a tea or coffee!

Notes

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Disclaimer - Property reference RAM0022010. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Oakwood Homes, Ramsgate. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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