Two Freehold Vacant Mixed Use Buildings Arranged as Two Ground Floor Retail Units With Two Flats Above. Potential for Redevelopment (subject to obtaining all relevant consents)

The property comprises two ground floor retail shops, previously used as a cafe and takeaway shop and residential upper parts to the first and second floors. The property requires a complete program of refurbishment and is offered in shell condition.

By Order of the LPA Receivers

Location

The property occupies a prominent position within the the main shopping area in the heart of Ramsgate town centre. The marina and sea front are a short walk away. Numerous multiples are located on King Street. The open spaces of King George and Ellington Park are within easy reach. Transport links are provided by Ramsgate rail station.

Exterior

The property benefits from a rear courtyard and some roof space to the second floor.

Viewing Details

Thursday 25th June 09:30-10:00 Thursday 2nd July 09:30-10:00 Thursday 9th July 09:30-10:00 Thursday 16th July 09:30-10:00

Addendum

Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £500 + VAT charged by the auctioneers.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.