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5 Harbour St 1,208 SF Retail Building Ramsgate CT11 8HA $568,828 ($470.88/SF) 2.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent town centre location
- Ramsgate Marina very closeby
- Neighboured by mixture of local and national retailers
EXECUTIVE SUMMARY
The property comprises a shop premises trading as a bakers at ground floor and basement levels which are currently let at £10,000 per annum.
On the upper levels with separate access from the rear are two self-contained duplex flats comprising one x one bedroom with a roof terrace, and one x two bedroom with internal lift. Both flats are currently vacant.
On the upper levels with separate access from the rear are two self-contained duplex flats comprising one x one bedroom with a roof terrace, and one x two bedroom with internal lift. Both flats are currently vacant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,208 SF
Building Class
B
Year Built
1900
Price
$568,828
Price Per SF
$470.88
Cap Rate
2.35%
NOI
$13,384
Tenancy
Single
Building Height
3 Stories
Building FAR
1.21
Lot Size
0.02 AC
Frontage
17’ on Harbour Street
AMENITIES
- Signage
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NEARBY MAJOR RETAILERS
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5 Harbour St
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