Offers in region of
£200,000
3 bed property for saleHigh Street, Ramsgate CT11
3 beds
1 bath
1 reception
- Leasehold
Lovetts of Ramsgate
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About this property
Shop in high street location
Lots of passing trade
Half price business rates (see T.D.C)
Large basement area also
Investors delight Rental income : £35,780 per annul total income for the total units. This includes the 3 retail units and 3 flats, The flats comprise of 1 x 1 Bedroom Maisonette - 1 x 2 Bedroom Flat and 1 x 3 Bedroom Flat. The flats are all let out on a long term basis and the shops are too with individual tenants for these also. This site also includes a plot of land with an application in for 4 flats on it all for £600.000.00.
The total rental income is a return of 5.9% back on your investment. This is a good yield and we welcome your calls for more information.
There is A plot of land too behind this offering which is available for £100.000.00. Ideal for new build flats STP.
If you would like a block of flats and shops on one freehold purchase this is the one for you. Please call Lovetts of Ramsgate on .
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Tenure
Leasehold (118 years)
Service charge
Council tax band
Ground rent
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