King Street, Ramsgate

Kent CT11 8NW


£14,000 per annum / Premium £15,000

REF # RC1243
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Property Features

  • Retail
  • Status: To Let
  • Square Ft.: 441

LOCATION:                                                                                             

The property is situated in a prominent location on the junction of Broad Street and King Street adjacent to Iceland.  Other multiples in the vicinity include British Red Cross, Subway, Boots, HSBC, Coral Bookmakers and Timpsons.  The shop is situated on the edge of the pedestrianised zone approximately 80 m. from the town centre. 

The business has an advantage of a return frontage along Broad Street. 

Ramsgate forms part of a large conurbation on the East Kent coast comprising the towns of Birchington, Westgate, Margate, Broadstairs and Ramsgate.  The town is located approximately 18 miles east of Canterbury and 20 miles north of Dover.  The A253 and A299 Thanet Way links Ramsgate to the M2 motorway for London.  There are fast train services to London St Pancras. 

Parking is available in the Local Authority car park in Turner Street which is approximately 60 m. distant.

 

DESCRIPTION:                                                                        

The property comprises a leasehold Greengrocers shop which is fully equipped.  The ground floor sales area c. 41 sq.m. (441 sq.ft.) has ancillary storage and a cold store at the rear c. 19.08 sq.m. (205 sq.ft.).

The upper parts of the building are used for storage.  The first floor is c. 58.46 sq.m. (629 sq.ft.) and a second floor c. 65.39 sq.m. (704 sq.ft.). 

There are cloakroom facilities on the first and second floor and a Worcester wall mounted gas-fired boiler on the first floor of the property. 

There is pedestrian access to the rear of the building off Broad Street. 

 

ACCOMMODATION:                                                                              

NB: All measurements shown are believed to be accurate but must be regarded as approximate only.  No appliances or services tested. 

                                                                                                                 

Ground Floor

Retail Shop

Frontage onto King St             2.67 m.

Maximum Internal Width       6.78 m. 

Maximum Depth                     9.70 m.

Sales Area…………………………………………………………………..………41.00 sq.m. (441 sq.ft.)

Ancillary Storage Area and Cold Store…………….………………….19.08 sq.m. (205 sq.ft.)

 

First Floor  

Storage………………………………………………………………………………58.46 sq.m. (629 sq.ft.)

 

Second Floor

Storage…………………………………………………………………….……….65.39 sq.m. (704 sq.ft.)

 

LEASE:

The property is held on a 10 year full repairing and insuring lease from 18th June 2013 at a current rent of £14,000 per annum.

 

BUSINESS:

The business comprises a well established fully equipped Greengrocery business in the centre of Ramsgate.  Further details of the turnover would be available to prospective purchasers of the leasehold business.

 

FIXTURES AND FITTINGS:

A list of the fixtures and fittings included in the sale of the leasehold business would be available upon request. 

 

PREMIUM:

£15,000 for the benefit of the leasehold business, goodwill, fixtures and fittings.

 

LEGAL COSTS:

The ingoing tenant would be responsible for our Clients reasonable legal costs.

 

VIEWING:

For viewing arrangements please contact:

Kylie Boers on 01843 851000 kylie.boers@pearsongore.co.uk 

or Stuart Jerden on 01843 851000 stuart.jerden@pearsongore.co.uk

 

 

COPYRIGHT:

All statements contained in these particulars as to this property are made without responsibility on the part of Pearson Gore or the vendors/lessors.  These particulars are the copyright of Pearson Gore and can only be reproduced with written consent from the above office.  We have not tested the equipment, appliances and services in this property.  Interested applicants are advised to commission the appropriate investigations before proceeding. Applicants should satisfy themselves that any necessary permission’s are in place for the use stated. Unless otherwise stated all prices/rents are quoted exclusive of VAT and SDLT.  Any intending purchaser/lessee should satisfy themselves independently as to the incidences of VAT prior to any transaction.    SUBJECT TO CONTRACT    RC1243/SJ/29/11/17

 

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