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Property Listing Details

Property details

Features

  • Available Post Auction
  • Auction Date : 24 March 2020
  • Lot Number : 34
  • Freehold Town Centre Residential And Commercial Investment
  • Mixed Commercial/Residential
  • Freehold
  • Current Rental : £30,200 Per Annum
  • *Guide Price : £270,000 - £280,000 + Fees

Listing view statistics

Last 30 days: 113 page views

Since listed: 214 page views

Description

Located in the pedestrianised area of Ramsgate High Street, close to the marina and nationwide retailers, is this freehold three storey building. The property is arranged as a ground floor shop let to Shoe Zone, and a three bedroom maisonette recently refurbished to a high standard, and accessed to the rear via Cavendish Street.

Ground Floor
Large shop floor, stock room and second stock room to rear, staff room and W.C.s.

Cellar
Large stock room.

Tenancy
Let under the terms of a five year lease, from 26th February 2016, at a current rental of £20,000 per annum.

A copy of the lease will be available to download from the Clive Emson website or inspection at the Auctioneer's Office.

Maisonette
First Floor (Accessed Via Cavendish Street)
Hallway, kitchen/diner and living room and shower room with W.C.

Second Floor
Landing, three double bedrooms and bathroom with shower and W.C.

Tenancy
Let under the terms of an Assured Shorthold Tenancy Agreement at a current rental of £850 per calendar month.

Viewing
Viewers are requested to meet at the front of the property outside Shoe Zone.
Residential EPC: D

Commercial EPC: D

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Please note, following the Governments advice, remaining lots are now being offered via our online platform. The online auction will be held on Wednesday 1st April. To register for our online auction please download the Remote Bidding Form at . To bid you will need to complete the form and return it to us by 3pm the day prior to the auction, along with the necessary id and any required funds. For further information please go to or call us on .

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to

You could get

Superfast broadband Superfast broadband

Up to 40 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Ramsgate Ferry Terminal 0.5 miles
  • Ramsgate 0.7 miles
  • Chatham & Clarendon Grammar School 0.2 miles
  • Priory Infant School 0.2 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Ramsgate Ferry Terminal 0.5 miles
  • Ramsgate 0.7 miles
  • Chatham & Clarendon Grammar School 0.2 miles
  • Priory Infant School 0.2 miles

Market stats

Sale activity

Average estimated value for a house in CT11:

  • £220,436
  • Price decrease

  • -£480
  • (-0.217%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £228,529
  • Properties sold

    136

Rental opportunities

£529 pcm

Recent sales nearby

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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
28th Feb 2020 £270,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Clive Emson Auctioneers. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Clive Emson Auctioneers for full details and further information.