Retail premises for sale in Fortuna Court, High Street, Ramsgate CT11

Offers in region of £650,000
Retail premises for sale
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Property description

The property is located just off the pedestrianized stretch of Ramsgate High Street close to the junction of Hardres Street and George Street. Nearby occupiers include Argos, F Hinds, Natwest and Nationwide as well as many local retailers.

Current income

The current total income equals £34,860 per annum which is split as follows,

65/67 High Street is currently let on a 4-year lease from October 2016 at a rental of £8,400 pax.

69 High Street is currently let on a 5-year lease from February 2015 at a rental of £7,200 pax.

The upper parts are currently split into 1 x 3 bed, 1 x 2 bed and 1 x 1 bed marionettes which are rented out on AST and bring in a total of £19,260 pax.

The properties also benefit from a small strip of land at the rear of the buildings.

65-67 Ground Floor (77.57 sq m)

835 sq ft

65-67 External Storage (68.65 sq m)

739 sq ft

65-67 Total (146.22 sq m)

1,574 sq ft

69 Ground Floor (52.40 sq m)

564 sq ft

69 Total (52.40 sq m)

564 sq ft

Property info

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For more information about this property, please contact
Clarke & Crittenden, CT7 on +44 1843 306716 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarke & Crittenden, and do not constitute property particulars. Please contact Clarke & Crittenden for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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