Summary - 7-9, KING STREET CT11 8NN
1 bed 1 bath Commercial Property
**Standout Features:**
- Prominent town center location in Ramsgate
- Total space: 1,036 sq ft with flexible commercial use
- Planning permission granted for three residential flats (2 x 1-bedroom & 1 x 2-bedroom with balcony)
- Includes fixtures and fittings, with commercial space formerly used as a butcher’s shop
- Potential for diverse business opportunities: café, restaurant, or retail
- Excellent mobile signal and fast broadband
**Concerns:**
- Located in an area with high crime rates and significant deprivation
- Solid brick walls with assumed no insulation
This iconic double-fronted property in the heart of Ramsgate presents a remarkable investment opportunity. With sizeable commercial space measuring over 1,000 sq ft, it is fully equipped with the necessary fittings for a food retail business, such as chiller and hot units, plus additional storage facilities. The impressive potential for residential conversion comes with confirmed planning permission to create three apartments, making this an exceptional chance for savvy investors to maximize returns in a transitional area.
Despite the challenges posed by the locale's high crime rates and deprivation levels, the property stands out for its prime positioning and flexibility, providing numerous avenues for growth. Envision your future dining establishment or retail shop thriving in this vibrant community, while benefiting from the added financial incentives of the planned residential units. Given its unique attributes and approvals, this property is unlikely to remain on the market long—don’t miss your chance to explore all it has to offer!
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