Retail for sale
Prime main-road retail in Ramsgate’s lively CBD, offering immediate rental income in a well-known landmark building with prominent shop-front windows and turnkey, low-maintenance interiors.
RETAIL SPACE FOR SALE NOT BUSINESS
EXCLUSIVE MANDATE TO SELL
* Great location
* Main road
* Existing secure tenant
* Immediate income
Ramsgate is one of the smaller local communities on the lower south coast that is fast becoming a sought-after neighborhood. The colorful CBD area focuses on upgrading the town with a variety of different business opportunities that contribute to the growth of the town and community.
This is a landmark building and well known under locals and our tourist passing through. The tenant is established and has been on the premises for a number of years. This secures your investment. The interior is in pristine condition and no maintenance is required. The electricity is on pre-paid and that contributes to lower risks. The shop is divided into two sections with wall partitioning.
Property Features:
Size: 49sqm
Main Road
Shop front windows
Advertising board space
Layout:
Entrance: One shop front door
Back Entrance: One back door to communal bathrooms and private parking
Tiled Floors in good condition
Painted walls in good condition
Kitchenette in back area
Private toilet only in back area
Investors that are looking for an investment with secure income and low management and maintenance this is perfect for you. This is a positive contribution to any portfolio with an estimated 5% ROI with potential of increased income as temporary special Levy is completed shortly.
Listed for sale at R750,000
Ramsgate offers a charming coastal business environment with strong tourism appeal, boutique retail opportunities, and convenient access to commercial nodes along the KwaZulu-Natal South Coast.
