Lot 142 Freehold Property With Vacant Upper PartsAuction Date:
12th June 2024
47 High Street, Ramsgate, Kent, CT11 9AG
Currently let at £12,000 per annum
A mid-terrace property located in Ramsgate town centre close to both local and national retailers and a short distance from its Royal Marina. The building, which has a mixed use, is arranged as a commercial unit on the ground floor and vacant upper parts with lapsed planning for two flats with separate access to the rear.
The property has had a new roof and the upper parts have been stripped back ready for conversion or perhaps the new owner may look to retain/refurbish the maisonette which had four bedrooms.
The upper parts have a private access to the rear across new decking and storage on the ground floor courtyard which also provides an emergency exit for the commercial unit. There is also a wooden roof terrace to the third floor with views across Ramsgate.
Commercial Unit - Ground Floor
Discovery Planet - Tenancy]
Let on a five-year commercial lease at a current rental of £12,000 per annum, running until 2026.
Residential Parts
Ground Floor
Access via rear over decking.
First Floor
Store room and three rooms.
Second Floor
Three rooms.
Third Floor
Three rooms and access to roof terrace.
Tenancy
Vacant.
Local Planning Authority
Thanet District Council. Tel: 01843 577000. Website: thanet.gov.uk.
Planning
Planning Permission was granted by Thanet District Council under ref: F/TH/19/0576 dated 10th July 2019 for change of use of four bedroom maisonette on upper floors to one, one-bedroom and one, two-bedroom self-contained flats together with insertion of dormer window to side elevation, alterations to windows and doors, subject to conditions.
This has now lapsed and a copy of the Planning Permission and accompanying documents may be downloaded from the Local Planning Authority website thanet.gov.uk.
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Auction Day.
* 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 cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
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 Buyers Fees
