Auction House London

Lot 56

 

62-64 King Street

Ramsgate, Kent, CT11 8NY

Sold for £171,000.

Two Freehold Vacant Mixed Use Buildings Arranged as Two Ground Floor Retail Units With Two Flats Above. Potential for Redevelopment (subject to obtaining all relevant consents)

By Order of the LPA Receivers

Description

Location

The property occupies a prominent position within the the main shopping area in the heart of Ramsgate town centre. The marina and sea front are a short walk away. Numerous multiples are located on King Street. The open spaces of King George and Ellington Park are within easy reach. Transport links are provided by Ramsgate rail station.

Exterior

The property benefits from a rear courtyard and some roof space to the second floor.

Description (2nd Column)

The property comprises two ground floor retail shops, previously used as a cafe and takeaway shop and residential upper parts to the first and second floors. The property requires a complete program of refurbishment and is offered in shell condition.

Viewing Details

Thursday 25th June 09:30-10:00
Thursday 2nd July 09:30-10:00
Thursday 9th July 09:30-10:00
Thursday 16th July 09:30-10:00

Accomodation Schedule

Property Floor Accommodation
62 King Street Ground
First
Sales Area 33.89 sq m (365 sq ft)
Two Rooms 23.58 sq m (253 sq ft), Rear Extension (not completed) 28.66 sq m (308 sq ft)
64 King Street Ground
First
Second
Sales Area, Store/Wash-up, Store 55.08 sq m (593 sq ft)
Room 47.74 sq m (514 sq ft)
Two Rooms 23.39 sq m (251 sq ft)

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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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 or email us at info@auctionhouselondon.co.uk

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