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34-38 Gold St 3,066 sq ft 100% Let Retail Property Kettering NN16 8JB £650,000 (£212.00/sq ft)
INVESTMENT HIGHLIGHTS
- Prominent position opposite the Newlands Shopping Centre
- Potential to increase the density of proposed residential accommodation through additional units
- Planning permission granted for 5 apartments. 4 x 1 beds and 1x 2 bed
- Potential to split the retail unit
EXECUTIVE SUMMARY
The property is located in a prominent position within the pedestrianised Gold Street directly opposite the Newland Shopping Centre.
KET/2018/0889 – Application for change of use from office space to 5 no. dwellings. Third floor rear extension. Permission Granted 01/03/2019KET/2019/0768 - Subdivision of ground floor to create 2 no. retail units with additional door to
rear.
There may be the possibility through the modification of the approved planning permissions and through Permitted Development Right for an increase in the number of residential units. Subject to planning permission and any other necessary consents.
KET/2018/0889 – Application for change of use from office space to 5 no. dwellings. Third floor rear extension. Permission Granted 01/03/2019KET/2019/0768 - Subdivision of ground floor to create 2 no. retail units with additional door to
rear.
There may be the possibility through the modification of the approved planning permissions and through Permitted Development Right for an increase in the number of residential units. Subject to planning permission and any other necessary consents.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Unit Conversion
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
3,066 sq ft
Costar Property Class
C
Year Built
1900
Price
£650,000
Price per sq ft
£212.00
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Plot ratio
0.50
Total Plot Size
0.14 ac
Frontage
AMENITIES
- Bus Route
- Security System
- Signage
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NEARBY MAJOR RETAILERS
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34-38 Gold St
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