Retail premises for sale in 5, Ramsgate, Stockton On Tees TS18, £95,000

95,000.00

Offer Nr.:
65522476
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Connect Property North East
Phone(s):
01642 048886

* Freehold
* Ground Floor Retail Cafe Premises
* Fully Fitted Cafe
* Fitted Kitchen
* Alternative Uses Possible
* Close to High Street
* Business Rates Exempt
* For Qualifying Businesses
The property to let is situated in Ramsgate, close to Stockton High Street and
retail frontages. Ramsgate offers a mix of retail and leisure users with
offices and residential above.
Stockton is located on the bank of the River Tees, 5 miles East of
Middlesbrough and 45 miles South of Newcastle upon Tyne. The town has
excellent road links to the A66 which provides access to the A19 and A1(M)
networks.
The property comprises a ground floor retail unit with kitchen facilities and
associated cloakroom and wc’s.
The property was formerly used as a café and has a fitted commercial kitchen,
serving counter and tables and chairs.
**Terms**
The premises are available to let by way of a new effective full repairing and
insuring lease at a commencing rental of £10, 000 per annum exclusive for a
term of years to be agreed. Alternatively, the premises are available to buy
with offers in the region of £95, 000 plus vat invited.
**Rates**
The property has a Rateable Value of £5, 200. We understand that the unit
qualifies for small business rates relief, however we advise that interested
parties contact the Local Rating Authority directly to confirm.
**Energy performance certificate**
C (71)
Accommodation:
Retail / Cafe: 675. 00 sqft

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