Auction House London

Lot 87

Mixed Use - Commercial Property 

32 York Street

Ramsgate, Kent, CT11 9DS

Sold for £235,000

A Vacant Mixed Use Commercial & Residential Mid Terrace Building. If Fully Let the ERV is £18,400 per annum

Description

The property comprises a mid terraced building arranged over ground and two upper floors internally laid out to provide a ground floor shop with a three bedroom self-contained flat above.

Tenure

Freehold

Location

The property is situated in the town centre position overlooking Royal Harbour Marina and close to local shops and amenities. The open spaces of Albion Place Gardens are also within close proximity. Transport links are provided by Ramsgate rail station.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
32 York Street Ground & Basement Shop Area Vacant although a 5 Year Heads of Terms has been agreed for £7,000pa ERV £7,000 per annum
32a York Street First, Second & Third Reception, Three Bedrooms, Kitchen, Bathroom Vacant ERV £11,400pa

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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Open House Viewings - Only Video Walkthrough Available For further information, please register for the legal pack. For all enquiries, please contact Jamie Weir at jamie.weir@auctionhouselondon.co.uk

Tuesday, October 2015:00 - 15:30

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Friday, October 2312:00 - 12:30

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007

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Enquire about 32 York Street, Ramsgate, Kent, CT11 9DS

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