Queen Street Ramsgate

Kent CT11 9DZ


£795,000 Price Guide

REF # RC1214
25_-_27_Queen_STreet_Ramsgate.jpg

Property Features

  • Investments
  • Status: For Sale
  • Square Ft.: 1539

LOCATION:                                                                                          

The property is in a prominent position in the centre of Ramsgate opposite the Argyle Centre. The multiples in Queen Street include Halifax, Lloyds, Barclays, KFC and Thomas Cook. The property is adjacent to the junction with York Street which contains the Argyle Centre where Wilko is the anchor tenant.

The town centre is approximately 100m distant and the Royal harbour is approximately 300m distant.

There are good parking facilities with the multi-storey car park in Leopold Street approximately 100m distant. The location is ideal for the current business with a good footfall into the town centre and on Friday’s there is a street market.

 

DESCRIPTION:                                                                     

The property comprises a substantial three storey terrace building with outbuildings to the rear.

The ground floor comprises a double fronted shop unit with a sales area c. 143.01 sq.m (1539 sq.ft) which is fitted with shelving, fluorescent lighting, electric heating, CCTV and blinds.

There are gas space heaters and roof lights in the rear section of the shop. There is a staffroom with two stainless steel sinks and a roof light and the storeroom has a Brittany II hot water heater.

At the rear of the property the Client has applied for planning permission for one bedroom cottage, further details will be available upon request.

The other parts of the building comprise three flats which has recently been refurbished to a good standard and there is a one and a two bedroom flat and a three bedroom maisonette. The flats are currently producing a gross rental income of £20,640 per annum.

Outside there is a grassed area that currently has parking for up to three vehicles.

 

ACCOMMODATION:                                                                          

NB: All measurements shown are believed to be accurate but must be regarded as approximate only. 

No appliances or services tested. 

                                               

Cellerage

Four storage areas and office………………………………88.20 sq.m (949 sq.ft)

 

Ground Floor

Shop Unit

Frontage……………………………………………………………..11.20 m

Internal Width…………………………………………………….11.14 m narrowing to 4.93 m

Maximum Depth…………………………………………………17.85 m

Sales Area……………………………………………………………143.01 sq.m (1539 sq.ft)

Staffroom…………………………………………………………….3.50 m x 5.53 m

Store……………………………………..1.78 m x 4.3 2m

 

First and Second Floor

 

Flat 1

Hallway, Sitting room, Kitchen, two bedrooms and a bathroom.

 

Flat 2

Hallway, Sitting room/Kitchen, bedroom with en-suite bathroom.

 

Flat 3 (maisonette)

Hallway, sitting room, kitchen/diner, master bedroom with en-suite shower room, two further bedrooms and bathroom.

 

Outside

There is parking for up to three vehicles.

 

BUSINESS:

The business is well established and has been trading for 26 years. The sale price includes the business, fixtures and fittings and stock. Details of the turnover will be available to prospective purchasers upon request.

 

FIXTURES AND FITTINGS:

A list of Fixtures and Fittings included in the sale would be available upon request.

 

VIEWING:

For viewing arrangements please contact:

Kylie Boers or Olivia Coad 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    RC1214/14/07/17

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