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Montagu Street, Kettering

Offers in the region of £550,000

  • Potential residential development site
  • Whole site may split into 2 separate sites
  • Potential redevlopment of shop unit back to houses
  • Potential redevlopment of warehouse area at rear to new build
  • Town centre location, close to buses, station 0.8 miles
  • All suggestions subject to planning and any other necessary permissions

A prime town centre retail property that offers scope for RESIDENTIAL DEVELOPMENT or MIXED USE subject to necessary consents. The property has road frontages to Montagu Street and Eden Street. The main retail entrance is from Montagu Street where the shop opens into a warehouse area that can also be accessed from Eden Street at the rear and therefore the site offers scope for two separate developments or possibly one complete redevelopment. The main retail shop area comprises of a pair of Edwardian houses that have been altered and also extended on the ground floor. The seller understands from conversations with the Planning Authority that they would be sympathetic to change of use back to residential of the area previously being two dwellings and that they are also willing to consider residential use for the whole site. With the shop area there is possibly scope to create 2x3/4 bedroom semis or 4 flats or one large institutional dwelling or HMO or possibly 2 independent HMO's. The main area of the warehouse fronting Eden Street has been subject to a planning application under KET/2018/0376 for 8 flats (2bed x7: 1 bed x 1) and an appeal lost; full details available from the agents but in essence would seem to have been lost due to lack of disabled parking provision. The owners will consider the sale of either or both parts of the site. Awaiting EPC. LOCAL AUTHORITY: Kettering Borough Council 01536 410333. VIEWING: By appointment. VACANT POSSESSION available on completion.

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