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King Street, Ramsgate

£1,667 pcm
£20,000 pa

£38.10 per sq ft

Business rates & charges may apply

STONEBANKS UK LTD, London
SIZE AVAILABLE

525 sq ft

49 sq m

SECTOR

Commercial property to lease

Lease details

Lease available date:
Now

Description

Fantastic opportunity to acquire a fully fitted pizza shop with two self-contained one-bedroom flats above, located on the busy King Street in Ramsgate. The property is held on a 25-year lease with rent and rates combined at just 1,665 per month for the entire building.

The two flats currently generate around 20,000 per annum in rental income, which more than covers the rent and rates for the whole building. This means the shop can be operated with minimal overheads, making it a highly attractive and low-risk opportunity.

The premium is 55,000. With strong passing trade, established local demand, and the added security of rental income covering all property costs, this is a rare chance to secure a profitable business and property package in a prime location.

Pizza Shop with 2 Flats - King Street, Ramsgate, CT11

Prime King Street location – busy high street with strong footfall

2 x One-Bedroom Flats above the shop

Rent & Rates: 1,665 pcm for the entire building

Flats generate approx. 20,000 p.a., covering rent & rates in full

25-Year Lease

Premium: 55,000

Fully fitted pizza shop with established local demand

Brochures

King Street, Ramsgate

NEAREST STATIONS

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

About STONEBANKS UK LTD, London

Stonebanks Estates, 22A Northfield Road, London, W13 9RL

Introducing Stonebanks: Your Trusted Partner in Property Sales, Lettings, and Management for Over 20 Years! Are you seeking a reliable and experienced partner to help you sell, let, or manage your property? Look no further than Stonebanks, a cornerstone in the real estate industry for over two decades.

Why Choose Stonebanks?

* Professionalism: Our team of experts delivers top-notch service with a wealth of industry knowledge and experience.

* Comprehensive Solutions: Whether you're selling, letting, or need property management services, we've got you covered.

* Competitive Advantage: We offer highly competitive rates tailored to suit your specific needs, ensuring you get the best value for your investment.

* Extensive Coverage: Serving a wide range of areas including Willesden, Neasden, Harlesden, Acton and many more, we have the local expertise to maximize your property's exposure and potential. But that's not all.

At Stonebanks, we go above and beyond for our clients:

* Customer-Centric Approach: Your satisfaction is our priority. We promise to exceed your expectations at every step of the process, providing personalized service that's second to none.

* Community Engagement: We're not just about transactions; we're about making a positive impact. Through our involvement in local charities and events, we actively contribute to the well-being of our community.

* Modern Solutions, Traditional Values: While we embrace modern practices, we remain committed to the timeless values of integrity, honesty, and transparency.

Trust Stonebanks to sell or let your property with confidence. Contact us today to experience the Stonebanks difference firsthand!

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Disclaimer - Property reference 34111894. 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 STONEBANKS UK LTD, London. 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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