£300,000
(£117.65/sq. ft)
Retail premises for sale60 & 62 Gold Street, Kettering, Northamptonshire NN16
2,550 sq. ft
Just added
About this property
Two mid-terrace commercial retail units with ancillary uppers. Part income producing – 60 Gold Street has an erv of £20,000pax. 62 Gold Street is let at £7,000pax. Total net area of 2,550 sq. Ft. Available at an asking price of £300,000.
Location
The property is located within the main Town Centre on Gold Street which is close to banks such as Halifax, Santander and Nationwide and is surrounded by other independent retailers to include hair & beauty, food & drink and other retailers. Kettering Borough has a estimated population of 100,000.
Description
The property comprises of two ground and first floor retail units situated in a prominent position in the Town, opposite the Newlands Centre. The properties are constructed from stone with a glazed frontage under a pitched roof.
The ground floor provides mostly open planned space with an upper ground floor retail area to the rear. The first floor provides additional retail space / storage with a kitchen, toilet, and store room to the rear.
There is refuse disposal and vehicle access to the rear from Silver Street.
Accommodation
The property has been measured on a net internal area and is as follows:
60 Gold Street - 2,197 sq. Ft. (204.11 sq. M.).
62 Gold Street – 353 sq. Ft. (32.80 sq. M.).
Total – 2,550 sq. Ft. (236.91 sq. M.).
Terms
The Freehold interest is available at an Asking Price of £300,000.
60 Gold Street benefits from vacant possession and is currently on the market to lease with an erv of £20,000 pax. 62 Gold Street is let on a commercial lease with a current passing rent of £7,000 per annum.
Business Rates
60 Gold Street has a rateable value of £11,250 rising to £16,750 1st April 2026.
62 Gold Street has a rateable value of £3,750 rising to £5,600 1st April 2026.
Interested parties should check with the local authority regarding the amount payable
Services
We understand that all main services are connected to both properties, but these have not been tested by the agent.
EPC
Both properties have an EPC rating of ‘C’, and expire in 2035.
Legal Costs
Each party are to bear their own legal costs incurred during the transaction.
VAT
VAT is not applicable to the sale price.
Location
The property is located within the main Town Centre on Gold Street which is close to banks such as Halifax, Santander and Nationwide and is surrounded by other independent retailers to include hair & beauty, food & drink and other retailers. Kettering Borough has a estimated population of 100,000.
Description
The property comprises of two ground and first floor retail units situated in a prominent position in the Town, opposite the Newlands Centre. The properties are constructed from stone with a glazed frontage under a pitched roof.
The ground floor provides mostly open planned space with an upper ground floor retail area to the rear. The first floor provides additional retail space / storage with a kitchen, toilet, and store room to the rear.
There is refuse disposal and vehicle access to the rear from Silver Street.
Accommodation
The property has been measured on a net internal area and is as follows:
60 Gold Street - 2,197 sq. Ft. (204.11 sq. M.).
62 Gold Street – 353 sq. Ft. (32.80 sq. M.).
Total – 2,550 sq. Ft. (236.91 sq. M.).
Terms
The Freehold interest is available at an Asking Price of £300,000.
60 Gold Street benefits from vacant possession and is currently on the market to lease with an erv of £20,000 pax. 62 Gold Street is let on a commercial lease with a current passing rent of £7,000 per annum.
Business Rates
60 Gold Street has a rateable value of £11,250 rising to £16,750 1st April 2026.
62 Gold Street has a rateable value of £3,750 rising to £5,600 1st April 2026.
Interested parties should check with the local authority regarding the amount payable
Services
We understand that all main services are connected to both properties, but these have not been tested by the agent.
EPC
Both properties have an EPC rating of ‘C’, and expire in 2035.
Legal Costs
Each party are to bear their own legal costs incurred during the transaction.
VAT
VAT is not applicable to the sale price.
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Monthly repayment
£1,500 per month
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