Retail premises to let in High Street, Ramsgate CT11

Rare Opportunity!
Miles and Barr Commercial are delighted to be assisting with the reassignment of the lease of this ground floor lock up shop, in the centre of Ramsgate.

The property benefits from a large main sales area, decorated to a high standard by the current tenants. The large shop window also allows a large amount of light through into the property.

Description:
Large main sales area = 61.4 sqm
Rear Store Room= 40.87 sqm

Lease Details:
Commencement 19th January 2022 for a period of 15 years ( 2037). Rent reviews occur on the fourth year and tenant only on the 3rd year.

Rateable Value: £9,700

Commercial Leasing Fees:

An administration fee of £250+VAT is payable to Miles & Barr Property Management Ltd when leasing a Commercial property.

Location

Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821. The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940. The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin. In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade. The town is steeped in history with associations to many well known figures including Queen Victoria, Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre. The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.

Main Retail Area (10.00m x 6.14m)

Rear Store Room (6.7m x 6.1m)