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£575,000

King Street, Ramsgate, Kent, CT11

  • 4 beds
Other

£575,000

  • 4 beds
Other
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Estimate monthly mortgage payment:

£2,625 per month

Minimum deposit amount:

£28,750
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Exciting Investment Opportunity

This sale is for a large commercial unit located in the very heart of the up and coming Ramsgate town centre.

The properties comprise of a large commercial shop on the ground floor with a large basement and three further levels containing a total of 4 flats.

Extensive work has already been carried out to this premises with the hallways and flats having been updated. The basement offers the opportunity to further develop and also there is the potential to use part of the basement and rear section of the commercial unit on the ground floor to create a 5th flat.

This opportunity creates endless possibilities for the new owner to sell these concerns individually, separately or various rental options.

Due to the nature of the project this very exciting development really does need to be seen in person to gauge the full size and potential available.

From a location perspective, Ramsgate has a wonderful selection of independent shops, restaurants and cafés within walking distance and is but a short walk to the historic harbour with fine eateries.
With several fantastic towns nearby like Broadstairs and Margate, there is a multitude of independent shops, restaurants, Coffeehouse's, antique shops available within a short distance as well as many pristine beaches. it is for this reason that the Ramsgate town centre is set to become even more popular in the coming years, not just with locals but tourists as well.

With excellent connections to the rest of the area of Thanet by train and road, additional towns like Margate, Deal and Canterbury can all be accessed in around 30 minutes. There is also the bonus of the Ramsgate train station, which runs fast direct services to London St Pancras in approximately 75 minutes as well as Eurostar being easily assessable from Folkestone.

Viewings are strictly by appointment and only through sole Folkestone estate agents Your Key Move.

 

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£7,500
Mortgage and legal costs:
£999
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Property details

£575,000

4 bed property for sale

King Street, Ramsgate, Kent, CT11
Exciting Investment Opportunity

This sale is for a large commercial unit located in the very heart of the up and coming Ramsgate town centre.

The properties comprise of a large commercial shop on the ground floor with a large basement and three further levels containing a total of 4 flats.

Extensive work has already been carried out to this premises with the hallways and flats having been updated. The basement offers the opportunity to further develop and also there is the potential to use part of the basement and rear section of the commercial unit on the ground floor to create a 5th flat.

This opportunity creates endless possibilities for the new owner to sell these concerns individually, separately or various rental options.

Due to the nature of the project this very exciting development really does need to be seen in person to gauge the full size and potential available.

From a location perspective, Ramsgate has a wonderful selection of independent shops, restaurants and cafés within walking distance and is but a short walk to the historic harbour with fine eateries.
With several fantastic towns nearby like Broadstairs and Margate, there is a multitude of independent shops, restaurants, Coffeehouse's, antique shops available within a short distance as well as many pristine beaches. it is for this reason that the Ramsgate town centre is set to become even more popular in the coming years, not just with locals but tourists as well.

With excellent connections to the rest of the area of Thanet by train and road, additional towns like Margate, Deal and Canterbury can all be accessed in around 30 minutes. There is also the bonus of the Ramsgate train station, which runs fast direct services to London St Pancras in approximately 75 minutes as well as Eurostar being easily assessable from Folkestone.

Viewings are strictly by appointment and only through sole Folkestone estate agents Your Key Move.