The Village Grill building in Ramsgate’s Harbour Street is to go to auction next month.
The four storey building, plus cellar, at 8 Harbour Street will go under the hammer with Clive Emson auctioneers with a guide price of £235,000-£240,000,
The property is thought to have been occupied by the same family for more than 35 years.
It is let to a private tenant on a fully repairing and insuring lease from January 2018 at a current rental of £14,000 per annum.
Dave Henwood, senior auction valuer, said: “We think there might be potential to convert the upper parts into residential accommodation as long as all necessary consents are obtainable.
“The building is situated in the heart of Ramsgate town centre and is close to the seafront. At present the ground floor is home to the Village Green café and the guide price is £235- £240,000.”
The auction takes place on Monday, September 10 at the Clive Emson Conference Centre, Kent County Showground, Detling, at 11am.