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Lot: 12 - FREEHOLD MIXED-USE INVESTMENT - Front photo of end-terrace buildingLot: 12 - FREEHOLD MIXED-USE INVESTMENT - Rear photo of end-terrace buildingLot: 12 - FREEHOLD MIXED-USE INVESTMENT - Internal photo of barbers shopLot: 12 - FREEHOLD MIXED-USE INVESTMENT - Kitchenette area of barbers shopLot: 12 - FREEHOLD MIXED-USE INVESTMENT - Utility area of barbers shopLot: 12 - FREEHOLD MIXED-USE INVESTMENT - Photo of living and dining roomLot: 12 - FREEHOLD MIXED-USE INVESTMENT - Photo of flats kitchenLot: 12 - FREEHOLD MIXED-USE INVESTMENT - BedroomLot: 12 - FREEHOLD MIXED-USE INVESTMENT - BedroomLot: 12 - FREEHOLD MIXED-USE INVESTMENT - Bedroom
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Lot 12 Freehold Mixed-use InvestmentAuction Date:
7th February 2024

18 Grange Road, Ramsgate, Kent, CT11 9LR

Currently let at £15,600 per annum

Category Mixed Commercial/Residential
Tenure Freehold
Bedrooms x 2
Bathrooms x 1

A four-storey mixed-use premises situated at the end of The Parade close to Ramsgate's town centre with all of its amenities. The property comprises a ground floor commercial unit, (trading as a barber’s shop), with a well-proportioned maisonette occupying the upper three floors. Both units are let and it is considered there may be scope to bring the rents up to market value.

18 Grange Road

Ground Floor

Separate entrance to front, barbers, kitchenette, utility area and W.C.

Basement

Tenancy

Let on a flexible rolling lease at a current rental of £550 per calendar month.

18A Grange Road

Separate entrance to rear.

First Floor

Landing, bedroom, bathroom and separate W.C.

Second Floor

Landing, living room and kitchen.

Third Floor

Bedroom and adjoining room.

Tenancy

Let on an Assured Shorthold Tenancy at a current rental of £750 per calendar month.

Auctioneer's Note

We have been informed by the Seller, the tenant of the flat has given notice to vacate and will be leaving on the 8th February.

Council Tax Band A

Outside

Shared courtyard to rear.

Viewing

External only.



18 Grange Road, Ramsgate, Kent


There is an addendum available to be read
in conjunction with the legal documentation.

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