King Street, Ramsgate, Kent, CT11

Freehold Investment Opportunity!

Miles and Barr Commercial are delighted to be working alongside Clive Emson with the marketing of this investment opportunity in King Street with the auction live on the 24th July.

The ground floor comprises a large double fronted retail area, with a rear office room, kitchenette and WC. The ground floor has had a new lease agreed as of June 2025 for a five year term at a rental of £8,400pa.

The first floor is accessible via a separate side gate of which leads to a one-bedroom residential accommodation. This currently let on an AST agreement at a current rental of £780pcm of which includes water and gas.


Please note that under ‘Section 21’ of the Estate Agency Act, Miles & Barr declare an interest in this property.


Please note that under ‘Section 21’ of the Estate Agency Act, Miles & Barr declare an interest in this property

Identification checks

Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity. The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Location

Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821. The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940. The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin. In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade. The town is steeped in history with associations to many well known figures including Queen Victoria , Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre. The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.