Summary - 102A HIGH STREET RAMSGATE CT11 9RX
6 bed 3 bath Commercial Property
**Standout Features:**
- Prime high street location with substantial foot traffic
- Three fully let commercial shops on the ground floor
- Three independent maisonettes above: 1-bedroom, 2-bedroom, and 3-bedroom
- Annual income of £43,860 from leases
- Opportunity to acquire adjacent land for further development (subject to planning)
- Traditional Victorian architecture enhancing curb appeal
- Freehold property offering security and long-term investment potential
**Concise Summary:**
Discover a lucrative investment opportunity in the heart of Ramsgate's vibrant High Street. This mixed-use property features three fully-let retail units on the ground floor, complemented by three self-contained maisonettes above, generating a healthy annual income of £43,860. Characterized by charming Victorian architecture, this freehold property is ideally situated amidst an array of local amenities and benefits from strong passing trade. Notably, an option to purchase land at the rear opens the door for potential future development, allowing you to capitalize on the property's growth.
While the area may face challenges, such as high crime rates and economic deprivation, its prime location offers significant advantages. Whether you're an investor seeking to expand your portfolio or a business owner looking to establish roots in a bustling commercial hub, this property presents a unique blend of security and opportunity. Don’t miss out—properties like this are rare in such a desirable setting!
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