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5 Harbour St 1,208 SF Retail Building Ramsgate CT11 8HA $792,780 CAD ($656.28 CAD/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
$792,780 CAD
Price Per SF
$656.28 CAD
Cap Rate
2.35%
NOI
$18,654 CAD
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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