Investment for sale in Ramsgate

AUCTION PROPERTY A substantial period property situated in Ramsgate town centre, close to local amenities and a short distance from the popular Royal Marina. The building, believed to have been constructed in the 18th Century, has had several uses including a house, a vicarage and, most recently, commercial use as an Adult Education Centre. Stamp Duty will not be applicable.

The property is now vacant and some period features remain. Some improvements have been carried out including restoration and renovation of external elevations and installation of replacement windows. The interior has been stripped out ready for commencement of conversion works.

Planning Permission has been granted for Change of Use and conversion to seven flats, which will be a mixture of one and two-bedroom units across four floors, making use of the building's large and open spaces.

Proposed Accommodation
Basement - Flat 1
Private entrance via side gate, entrance hall, kitchen/living room, two bedrooms and bathroom with W.C.

Ground Floor
Communal entrance.

Flat 2
Kitchen/living room, two bedrooms and bathroom with W.C.
Flat 3
Private entrance from side alley, entrance lobby, living room/bedroom, hallway, kitchen and shower room with W.C.

First Floor
Flat 4
Entrance lobby, kitchen/living room, bedroom with bay window and shower room with W.C.

Flat 5
Kitchen/living room with large bay window, bedroom and shower room with W.C.

Second Floor
Flat 6
Living room, kitchen/dining room with vaulted ceiling, bedroom and shower room with W.C.

Flat 7
Kitchen/living room, bedroom with access to roof terrace and shower room with W.C.

Planning
Planning Permission has been granted by Thanet District Council under ref: F/TH/230251, dated 13th September 2023, for change of use and conversion to seven self-contained flats comprising five, one-bedroom flats and two, two-bedroom flats; together with erection of a single storey rear extension and second floor rear extension with formation of external stairs to rear courtyard, and installation of access gates in south-west boundary wall, together with internal alterations to facilitate the change of use and restore and renovate the external elevations including repainting windows and doors and partial restoration and repainting of plaster to front elevations, subject to conditions.
A copy of the Planning Consent and accompanying documents may be downloaded from the Thanet District Council website: thanet.gov.uk. Tel: 01843 577000.

Auctioneer's Note
Listed Building Consent has also been granted under ref: L/TH/23/0252, which can also be downloaded from the Thanet District Council planning portal.

Freehold with Vacant Possession

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page https://www.cliveemson.co.uk/online/. For further information please go to cliveemson.co.uk or call us on 01622 608400.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/