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Old House Farm, Newlands Lane, Ramsgate, Kent CT12 6RH

Withdrawn

Lot 16

Auction Date:

13th September 2023
at 12:00 pm
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Tenure: Freehold

    A FREEHOLD TRAVELLERS SITE WITH TRANSFERABLE LIFE LICENSE COMPRISING OF 3 MOBILE HOMES AND STORAGE CONTAINER GENERATING £24,600 p.a. MEASURING APPROXIMATELY 13,372 Sq Ft (1,242 Sq M) WITH ORIGINAL FARM HOUSE FOOTINGS STILL IN PLACE

    A rectangular piece of land currently used as a Traveller's Site the vendor informs us that they hold a Transferable Life License and permission for mobile homes, day room and a storage container. The vendor states that the original Farm House footings remain in situ. The site currently generates an income of £24,600 p.a. thus a yield of 7.2% if purchased at Guide.

    ACCOMMODATION

    There site comprises: 3 x Static Caravans 1 x Storage Container 1 x Day Room 1 x Outside Shower and W/C

    EXTERIOR

    The site is self contained with secure fencing around the board, the bulk of the site has a hard standing surface. The static Caravans run perpendicular to the Eastern Boundary Fence whilst the container resides in the North West corner of the plot. There is a small grassed area where the original footings of the Old Farm House are located in the South Eastern corner of the plot.

    LOCATION

    Ramsgate is a seaside town in the district of Thanet in east Kent. It was one of the great English seaside towns of the 19th century. Ramsgate’s main attraction is its coastline, and its main industries are tourism and fishing. The town has one of the largest marinas on the English south coast. The property is located about one and a half miles North of Ramsgate Town Centre and about 3/4 of a Mile East of Ramsgate Mainline Railway station, the A254 (Margate Road) is less than half a mile to the West of the property.

    VIEWING

    Strictly by appointment with the Auctioneer Tel: *01622-589-623

    Additional Fees

    Administration Fee
    0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
    Buyer's Premium
    1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.
    Disbursements
    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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    Old House Farm, Newlands Lane, Ramsgate