Property photos
Just added
Freehold
£1,275,000
Property for sale
Grundy's Hill, Ramsgate, Kent CT11Local area information
Property location
Nearby amenities
- The Old Priory School (SEN) 0.2 miles
- Priory Infant School 0.3 miles
- Ramsgate Ferry Terminal 0.4 miles
- Ramsgate 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ramsgate to find out more about the local area.
Features and description
- Freehold
- Portfolio Purchase
- Mixed Use Flats, Shops, Garages
- Total Income £114,560pa
- Full Income Breakdown Available
Freehold Block comprising shops, flats and garages now available!
Miles and Barr Commercial are delighted to bring to the market this freehold, mixed use opportunity situated across Queen Street and Grundy’s Hill Ramsgate producing a total income of £114,560pa.
The portfolio comprises of 2x2 bedroom maisonettes, 6x1 bedroom flats, 4x shops on Queen Street, and 12 x garages. In addition to this, the freehold of the block of the 12,1 bedroom flats, 4x2 bedroom maisonettes, 4 x shops and 16 x garages is also included in the purchase.
The full breakdown of the separated income is available upon request but the portfolio can be listed as follows:
2 x 2-bedroom maisonettes (no 6 and 12)
6 x 1-bedroom flats (18,22,24,26,32,34)
4 x shops (72,72A, 74,74A)
12 x garages (1,3,4,8,9,10,11,12,15,16,17,18)
The freehold to:
The block of 12 1-bedroom flats ( 14 to 36 - even numbers only)
4 x 2-bedroom maisonettes (6,8,10,12)
4 x shops (72,72A, 74,74A)
16 x garages ( 1 to 12,15 to 18)
These property details are yet to be approved by the vendor.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Location
Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821. The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940. The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin. In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade. The town is steeped in history with associations to many well known figures including Queen Victoria, Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre. The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.
Miles and Barr Commercial are delighted to bring to the market this freehold, mixed use opportunity situated across Queen Street and Grundy’s Hill Ramsgate producing a total income of £114,560pa.
The portfolio comprises of 2x2 bedroom maisonettes, 6x1 bedroom flats, 4x shops on Queen Street, and 12 x garages. In addition to this, the freehold of the block of the 12,1 bedroom flats, 4x2 bedroom maisonettes, 4 x shops and 16 x garages is also included in the purchase.
The full breakdown of the separated income is available upon request but the portfolio can be listed as follows:
2 x 2-bedroom maisonettes (no 6 and 12)
6 x 1-bedroom flats (18,22,24,26,32,34)
4 x shops (72,72A, 74,74A)
12 x garages (1,3,4,8,9,10,11,12,15,16,17,18)
The freehold to:
The block of 12 1-bedroom flats ( 14 to 36 - even numbers only)
4 x 2-bedroom maisonettes (6,8,10,12)
4 x shops (72,72A, 74,74A)
16 x garages ( 1 to 12,15 to 18)
These property details are yet to be approved by the vendor.
Identification checks
Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.
Location
Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821. The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940. The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin. In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade. The town is steeped in history with associations to many well known figures including Queen Victoria, Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre. The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.
More information
Listed by
Miles & Barr - Commercial
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