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For Sale by Auction on 24th July 2025, Retail & Residential Building, 29 King Street, Ramsgate, CT11 8NP

2,539 Sq Ft / Retail / Mixed Use

For Sale - £375,000.00

Available - Last updated: 07 July 2025

For Sale by Auction on 24th July 2025

A mid-terraced building of traditional construction arranged over lower ground, ground and two upper floors. The ground and lower ground floors provide retail and ancillary accommodation and the upper floors are arranged as four residential units comprising 2x studio apartments and 2x one-bedroom flats. 

Location

Ramsgate is a coastal town lying on the east coast of England approximately 17 miles north east of Canterbury and 20 miles north of Dover. The town can be accessed via the A255 and A299, which provides access via the A28 to the M2 motorway at junction 7 to the west. Ramsgate railway station lies within a short walking distance of the property and provides regular direct services to London St Pancras, London Victoria and London Bridge and additonally numerous bus routes serve the area. 

King Street runs north from High Street in the town centre with the property lying on its east side near the junction with Broad Street. Notable nearby occupiers include Coral, Iceland, British Red Cross, Boots, Lloyds Bank and Caffe Nero. 

Accommodation

29 King Street 

Basement - Ancillary/Storage - 84.09 sq m (905 sq ft)

Ground Floor - Retail - 67.23 sq m (724 sq ft)

Flat 1

First Floor - Bedroom, living room, kitchen, bathroom/WC - 46.07 sq m (496 sq ft)

Flat 2

First Floor - Living room/bedroom, kitchen, bathroom/WC - 38.45 sq m (414 sq ft)

Terms

Tenure - Freehold

Guide Price - £375,000

EPC:

Commercial unit: Rating 95 Band D

Flat 1: Rating 71 Band C

Flat 2: Rating 82 Band B

Flat 3: Rating 72 Band C

Flat 4: Rating 72 Band C 

Specification

  • Freehold retail and residential building
  • Includes a retail unit and four flats
  • Town centre location
  • Previously let for in excess of £45,000 per annum
  • Vacant possession
  • On the instructions of the Joint LPA Receivers
  • Docuwise Legal Pack Review - Click Here (refer to additonal information below) 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £375,000.00 NA

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Agency Team

BidX1 Commercial

020 3151 9502

Simon Bailey

BidX1 Commercial

020 3151 9486

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