Summary - Gold Street, Kettering, Northamptonshire, NN16 NN16 8JB
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime high street location opposite Newlands Shopping Centre
- Currently leased to a successful optician at £15,000 annual rent
- Attractive mid-20th century brick exterior with large display windows
- Total area of 927 sq. ft., accommodating commercial use efficiently
- Lease expiring 3rd November 2027 (no break clause)
**Notable Concerns:**
- Limited mortgage options due to 4 years remaining on the lease
- Located in an area with high crime rates and significant deprivation
**Summary:**
This two-storey terraced retail unit in Kettering offers a lucrative investment opportunity, generating an annual rent of £15,000 from a well-established optician. Positioned strategically across from the bustling Newlands Shopping Centre, this property boasts an impressive 927 sq. ft. of efficiently utilized space, perfect for attracting high foot traffic. Its appealing mid-20th-century facade and bright, open-plan interior with large display windows provide excellent visibility and customer engagement potential.
While the prevailing high crime rates and property location within a deprived area are noteworthy considerations, the property’s prime location and existing rental income present a strong value proposition. The current lease runs until November 2027, with no break clause, which may limit mortgage options for potential buyers. This retail space is ideal for savvy investors looking to capitalize on a dynamic commercial environment. Act quickly to seize this rare opportunity in an up-and-coming area!
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