**Standout Features:**
- Prime town center location near Ramsgate's Royal Harbour
- Ground floor shop let at £10,000 per annum
- Two vacant duplex flats: one-bedroom with roof terrace and two-bedroom with lift access
- Total property size of 1,587 square feet
- Freehold tenure offering long-term investment potential
**Potential Concerns:**
- Very high local crime rate
- Small plot size may limit expansion options
- Age of property (pre-1900) may imply potential renovation needs
- Absence of insulation could affect energy efficiency
This strategically located mixed-use investment property on Harbour Street in Ramsgate offers a unique opportunity to add value in a bustling urban setting. The ground floor shop, currently operating as a bakery, provides a reliable income stream at £10,000 per annum. Above, two self-contained duplex flats – a one-bedroom with a cozy roof terrace perfect for relaxing outdoors, and a larger two-bedroom with lift access – await new tenants, presenting excellent rental potential for investors or owner-occupiers alike.
While the local area has its challenges, including a high crime rate, the property’s proximity to the scenic harbour and diverse amenities enhances its appeal. The building's substantial size allows for creative use of space, while the freehold tenure gives you complete ownership and flexibility for future renovations or alterations. Don’t miss this prime investment opportunity in a coveted location – properties like this don’t stay on the market for long!
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