Commercial Property for auction in Ramsgate, Margate

Opening Offers and bids From R1 950 000.00 negotiated

Prime commercial property in the heart of Ramsgate

Purchasers are responsible for a 10% commission plus VAT payment on the agreed purchase price, payable to Rawson Auctions on the fall of the hammer.

Going on Auction 26 August 2026

Prime commercial gem in Ramsgate's heart – 505sqm property (expandable to 650sqm) with huge potential for restaurants, cafes, or business. Features commercial kitchen, dining area, private lounge, outdoor braai space & parking (7 bays + street parking). Former popular restaurant, perfect for entrepreneurs to tap into local vibe. Ideal for retail, residential or entertainment ventures. Excellent visibility, easy access, and new zoning unlock endless possibilities. Stunning location on main street with city & coastal exposure. Huge outdoor area for events, plus backup water tanks & admin offices. Rare opportunity in a sought-after coastal spot – massive potential for growth & investment returns. Cold room, storerooms, & gas room add to functionality. Secure your spot in Ramsgate's thriving hub. The property is vacant for more than a year and has been vandalized. Only the property is for sale and is not offered as a running concern. Full due diligence advisable. Vacant on transfer.

This property is offered subject to a reserve price. All bids and offers are subject to confirmation by the seller.