Let to Savers Health and Beauty Limited until August 2029 (subject to option)
Tenant in occupation since at least 2002
Substantial property of approx. 563.45 sq. m. (6,065 sq. ft.) over Ground, First and Second Floors
Future change of use potential of the upper floors (subject to consents)
Prime pedestrianised location
Neighbouring occupiers include Poundland, Card Factory, Specsavers, Santander, Nationwide, Lloyds, Boots, Holland & Barrett and Cafè Nero
Lot 32
Auction 11th June 2026
Rent £26,000 per Annum Exclusive
Status Sold
Price £276,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
75 miles south-east of London city centre, 16 miles east of Canterbury
Roads
M2 (junction 7), A253, A256
Rail
Ramsgate Railway Station (Approximately 1 hour 16 mins to London St Pancras International)
Air
London Gatwick Airport, London Stanstead Airport
Situation
Ramsgate is a busy port on the east coast of Kent, with excellent links to the M2 via the A253. The property is prominently situated on the town's principal retailing thoroughfare, on the south side of the pedestrianised High Street. Neighbouring occupiers include Poundland, Card Factory, Specsavers, Santander, Nationwide, Lloyds, Boots, Holland & Barrett, Caffè Nero and a range of local independent businesses.
Tenure
Freehold.
Location
Miles
75 miles south-east of London city centre, 16 miles east of Canterbury
Roads
M2 (junction 7), A253, A256
Rail
Ramsgate Railway Station (Approximately 1 hour 16 mins to London St Pancras International)
Air
London Gatwick Airport, London Stanstead Airport
Situation
Ramsgate is a busy port on the east coast of Kent, with excellent links to the M2 via the A253. The property is prominently situated on the town's principal retailing thoroughfare, on the south side of the pedestrianised High Street. Neighbouring occupiers include Poundland, Card Factory, Specsavers, Santander, Nationwide, Lloyds, Boots, Holland & Barrett, Caffè Nero and a range of local independent businesses.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors. The upper floors may be suitable for change of use subject to the lease and obtaining necessary consents.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors. The upper floors may be suitable for change of use subject to the lease and obtaining necessary consents.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Tenant
Term
Rent p.a.x.
Ground First Second
Retail Ancillary Ancillary
290.65 230.40 42.40
(3,129) (2,480) (456)
SAVERS HEALTH AND BEAUTY (t/a Savers)(2)
5 years from 14/08/2024 (3)
£26,000
Total
563.45
(6,065)
£26,000
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). (2) Savers Health and Beauty Limited was incorporated in 1987 and trades from over 500 stores nationwide. For the year ending 28 December 2024, Savers Health and Beauty Limited reported turnover of £791,310,000, pre-tax profits of £69,928,000, and total shareholders’ funds of £159,068,000 (Source: Companies House 20/05/2025). (3) The lease provides for a tenant option to determine on 14/08/2027 upon serving 6 months’ prior written notice.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
