£385,000

For sale in High Street, Ramsgate, CT11

Shortlist

Key features

  • 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

12 Property images

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Location

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