Broad Street, Ramsgate £2,000,000

SITUATION
The site is found in Broad Street which runs parallel with High Street and within a 2-minute walk of the King Street, Queen Street, Harbour Street and High Street pedestrianized crossing. All four streets provide a selection of retail, café and restaurant occupiers with the intersection being the center of the town.

Directly to the east of the property from Cleaver Lane is the Staffordshire Street overground Car Park, providing 254 spaces. Ramsgate mainline railway station with services to London St Pancras International and London Victoria in 1 hour 15 minutes, and 2 hours respectively.

DESCRIPTION
The site is currently a two-storey commercial property with almost 100% site coverage, having frontages to Broad Street, Turner Street and Cleaver Lane.

PLANNING
Outline planning permission was granted in January 2021 for the “Erection of a 5 storey building for up to 26No 2 bed, 4No 1 bed and 1No 3 bed self-contained flats with a retail unit at ground floor level following demolition of existing buildings.”

Full details of the application can be found on Thanet District Council’s planning site under reference OL/TH/19/0484.

VAT
VAT will be payable if applicable.

VIEWINGS & INFORMATION
For further information or to view, please contact sellers’ sole agents Clarke & Crittenden.