3 bed Investment

Realistic offers considered £200,000

High Street, Ramsgate

FOR SALE

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Features
  • SHOP IN HIGH STREET LOCATION
  • LOTS OF PASSING TRADE
  • HALF PRICE BUSINESS RATES (see T.D.C)
  • LARGE BASEMENT AREA ALSO
Description
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 01843 570305.
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Agent Details

Lovetts Sales & Lettings

Lovetts Sales & Lettings


78 & 78a High Street
Ramsgate
Kent
CT11 9RX
Ramsgate
Kent
CT11 9RX


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