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Lot 63 Vacant Shop And Flat For InvestmentAuction Date:
12th June 2025
175-177 King Street, Ramsgate, Kent, CT11 8PN
Currently let at £9,360 per annum
Plus Vacant Shop previously let at £8,400 per annum
A two storey end-terrace property located within Ramsgate town centre, currently arranged as a ground floor commercial unit and a first floor flat. The property is located within easy reach of the harbour, the Aldi supermarket, other local and national retailers, and the Ramsgate railway station.
Commercial
Ground Floor
Shop floor, office, kitchen and W.C.
Tenure
Currently vacant. Previously let at £700 per calendar month.
EPC Rating
EPC D (85). Total Floor Area 69 sq.m.
Outside
Shared courtyard garden.
Flat
Ground Floor
Entrance to rear.
First Floor
Kitchen, living room, bedroom and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £780 per calendar month, including water and gas.
EPC Rating E
Council Tax Band A
Freehold with Part Vacant Possession
Further Information
Chris Milne/Jon Rimmer
on 01622 608400
Viewings
Viewings by arrangement with
Miles & Barr
01227 499500
Service Providers
Click here if you are looking for a solicitor, insurance company, finance company or a property related organisation or firm
Local Information
Discover transportation routes, schools and local amenities and attractions within this area. You’ll also find other useful information including average broadband speeds and much more…
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
