Sold Prior
- Commercial Property
- 3 Bedrooms
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Mixed-Use Commercial and Residential Mid Terrace Building. The Entire Property is Subject to a Commercial Lease Producing £9,360 per annum (Rising to £10,400 per annum in 2026).
The property comprises a mid-terrace building arranged as a ground floor commercial (Indian Takeway) and three bedroom first floor flat above.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Ellington Park and Ramsgate Beach are within easy reach. Transport links are provided by Ramsgate rail station.
Accommodation
Ground Floor Lock-Up Shop First Floor Reception Room Kitchen Three Bedrooms Bathroom
Tenancy
The entire property is subject to a 15 year FRI lease commencing 13th October 2014 at a rent of £180 per week (rising to £190 per week on 13.10.23 and then £200 per week on 13.10.26).
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
