Oakham LE15 6DT


Property Details

Oakham LE15 6DT


Prime Retail Unit in Market Place Oakham


Retail Unit on Oakham High Street
589 Sq Ft total Retail space
Dual Aspect to Market Place and High Street
Prime location in town centre
Available June 2020 but possibly earlier

2 Market Place occupies a prime location on the corner of Oakham High Street and Market Place with a taxi rank and bus stop directly outside. It is surrounded by other retail outlets including Boots the Chemist, Boots Opticians, Barclays and HSBC Bank, Specsavers and numerous private retailers including travel agents and Timpsons

Oakham is a popular Market town and the County capital of Rutland, the smallest County in the UK. Well positioned in the Midlands close to the A1 at Greetham/Stretton with good access to other popular market towns, Stamford, Melton, Grantham and Uppingham all within 15 miles, and cities to include Peterborough and Leicester within 20 miles away. Motorway access is circa 20 miles West at Junction 21a, via the A46 from Melton Mowbray.

Ground Floor of a stone built property beneath a slate covered roof.

The premises are arranged with a main retail area, office, WC and storage at the rear.
Main retail area which is dual aspect onto High Street and Market Square is 377 Sq Ft
Rear Office and Store 212 Sq Ft plus WC

Being right in the centre of town, all local amenities are readily available with a bus stop and Taxi rank directly outside.

We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

Terms to be agreed – but guided around a 5 year lease with 3 year break if required. Longer lease terms would be agreeable. Rent is paid Quarterly in advance. A 3 month rent deposit will be required.

The Rateable Value is £10,750 making the space eligible for 100% rate relief for qualifying businesses. Please check with Rutland County Council for rates payable.

We are advised that the property has not been elected for VAT.

The ingoing tenant will be expected to make a contribution to the Landlords Legal fees in the preparation and issuing of the lease.

There are no Communal areas. Tenant will be responsible for a proportion of the Landlords Buildings Insurance. tenant to arrange own Contents insurance.

There is no parking with the property. Long terms parking permits are available for Public Car Parks in Oakham Town Centre.

We are advised that the current planning use for the property is A1 Retail. We believe the property would suit a variety of uses, subject to planning.

Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email office@moorescommercial.com

Moores Commercial offer a unique personal service helping clients with all aspects of commercial property across the Midlands