Commercial Property - Retail Properties - PROMINENT TOWN CENTRE RETAIL UNIT WITH PLANNING PERMISSION FOR CONVERSION OF UPPER PARTS TO RESIDENTIAL ACCOMMODATION

PROMINENT POSITION OPPOSITE THE NEWLANDS SHOPPING CENTRE
PLANNING PERMISSION GRANTED FOR 5 APARTMENTS. 4 X 1 BEDS AND 1 X 2 BED
POTENTIAL TO INCREASE THE DENSITY OF PROPOSED RESIDENTIAL ACCOMMODATION THROUGH ADDITIONAL UNITS
POTENTIAL TO SPLIT THE RETAIL UNIT
AVAILABLE TO PURCHASE AT AN ASKING PRICE OF £800,000 EXCLUSIVE
Location: 

Kettering is one of the major Towns in North Northamptonshire accessed primarily by the A14, A6,
A509 and A43. It has a mainline train to London St. Pancras International with the journey taking
just under one hour.
The property is located in a prominent position within the pedestrianised Gold Street directly
opposite the Newland Shopping Centre.

Description: 

The property comprises of a double fronted 3-storey traditional brick built building underneath a
pitched tiled roof.
The ground floor has a large glazed frontage (which could be split to form 2 separate retail units
subject to planning permission). The unit is predominantly open plan and may be suitable for a
variety of different uses (subject to planning permission and other necessary consents).
The upper parts were previously used as ancillary accommodation. planning permission has been
granted for the conversion of the upper parts to residential accommodation.

Accommodation: 
Net Internal Area Sq. m Sq. ft
Ground Floor 285 3,066
First Floor 80.3 864
Second Floor 96.9 1,043
Third Floor 23.6 254

Total: 5,227 SQ.FT

Rates: 
Rateable Value: £58,500
Rates Payable 2021/22: £29,952

(Excludes Small Business Rates Relief which may apply)
The Rates Payable figure is an estimate. It does not take into account any Transitional Arrangements. It is important that interested parties verify this information with the relevant Borough Council Rating Department.

Terms: 

The property is available to purchase with full vacant possession at an asking price of £800,000
exclusive.

VAT: 

All figures quoted are exclusive of any VAT that the vendor may have a duty or choose to impose.

Viewing: 

Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657

Sub Location: 
TOWN CENTRE