Book a Viewing
To book a viewing on this property, please call Miles & Barr, on 01843 570 500.
Commercial Property, Queen Street, Ramsgate, CT11
Queen Street, Ramsgate, CT11
Miles & Barr
51 Queen Street, Kent
Description
7% Mixed Use Investment Opportunity!
Miles and Barr Commercial are delighted to be assisting with the marketing of this mixed use commercial property situated on the popular Queen Street, Ramsgate.
The property comprises of a ground floor commercial shop (476sqft), with the current tenant on a seven year lease ending on November the 5th 2026, with a rent review due in 2025.
The four bedroom residential flat is accessed via a rear separate entrance accessed via Effingham Street. The accommodation is comprised over three floors, with three bathrooms, a lounge room, and utility room in addition to the four bedrooms. The windows have been recently double glazed and the boiler is just two years old. The current tenants are paying £1,200pcm, however this is subject to a rent review to £1,300pcm in October.
Viewings strictly by appointment only!
Identification Checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. | We use a specialist third party service to verify your identity provided by Lifetime Legal. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Key Features
- Rateable Value: £7,900
- 7% Yield
- Mixed Use Commercial Property
- Fully Tennanted
- EPC - B
Property Details
- Property type: Commercial Property
- Price Per Sq Foot: £257
- Approx Sq Feet: 1,593 sqft
- Council Tax Band: A
- Property Ipack: i-PACK
Rooms
Ground Floor Shop Sales Area
7.46m x 5.00m
Additional Shop Area
2.30m x 3.00m
First Floor Lounge
4.57m x 3.87m
First Floor Communal Area
3.00m x 3.90m
First Floor Utility Room
1.80m x 1.78m
First Floor Bathroom
1.80m x 1.50m
Second Floor Bedroom One
3.00m x 3.00m
Second Floor Bedroom Two
3.22m x 4.33m
Second Floor Bathroom Two
3.00m x 1.66m
Third Floor Bedroom Three
4.20m x 3.06m
Third Floor Bedroom Four
2.74m x 4.42m
Third Floor Bathroom Three
2.57m x 1.30m
Location
Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821. The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940. The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin. In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade. The town is steeped in history with associations to many well known figures including Queen Victoria , Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre. The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.
Properties you may like
By Miles & Barr
-
Haine Farm Mews, Ramsgate, CT12
- 3 Beds
- 2 Bath
-
Grasmere Avenue, Ramsgate, CT11
- 3 Beds
- 1 Bath
-
Newcastle Hill, Ramsgate, CT11
- 2 Beds
- 1 Bath
-
Bengal Road, Ramsgate, CT12
- 2 Beds
- 1 Bath
-
Orchard Close, Minster, CT12
- 2 Beds
- 1 Bath
-
Freemans Road, Minster, CT12
- 2 Beds
- 1 Bath
-
1 Beerlings Farm Road, Ramsgate, CT12
- 3 Beds
- 1 Bath
-
Margate Road, Ramsgate, CT11
- 2 Beds
- 1 Bath
-
Leopold Road, Ramsgate, CT11
- 2 Beds
- 1 Bath