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6 bed Investment

£775,000

High Street, Ramsgate

FOR SALE

Property FEATURES

  • SHOP IN HIGH STREET LOCATION
  • LOTS OF PASSING TRADE
  • HALF PRICE BUSINESS RATES (see T.D.C)
  • LARGE BASEMENT AREA ALSO

Property DESCRIPTION

INVESTORS DELIGHT Rental income : £46,500 per annum total income. This includes the 2 retail units and 3 flats, The flats comprise of 1 x 1 Bedroom Maisonette - 1 x 2 Bedroom Flat and 1 x 3 Bedroom Flat. The flats are all let out on a long term basis and the shops are too with individual tenants for these also.

The total rental income is a return of 6% on your investment. This is a good yield and we welcome your calls for more information.

THERE IS A PLOT OF LAND TOO behind this offering which is available for £75.000. Ideal for new build flats STP.

If you would like a block of flats and shops on one freehold purchase this is the one for you. Please call Lovetts of Ramsgate on 01843 570305.

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