Property for sale

Silver Street, Kettering NN16

An exciting freehold investment opportunity has become available on Silver Street in the heart of Kettering town centre, comprising a popular and well-established coffee house, and three self-contained residential apartments above. This mixed-use property presents a secure and diversified income stream, ideal for investors seeking long-term returns with minimal management involvement. The ground floor retail unit is home to Mugs Coffee House, a thriving local business set to sign a new 20-year lease, incorporating a tenant break clause at year five. The commercial unit currently generates a reliable rental income of £20,000 per annum, offering a strong covenant and long-term occupancy security. Above the coffee house, the property includes three residential apartments – one two-bedroom and two one-bedroom flats. Two of the three apartments are currently let, with a combined annual rental income of approximately £30,000. The third unit presents further opportunity for additional income or owner-occupation. The total gross income from the property stands at approximately £50,000 per annum. With both commercial and residential income streams, the asset offers stability and resilience, benefiting from its central town location with high footfall and strong local demand. Offered for sale with the freehold interest, this property is a rare opportunity to acquire a fully let or nearly fully let mixed-use investment with immediate returns and long-term capital growth potential. Early viewing is highly recommended.