£9,950 pa

Retail premises to let

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£9,950 pa

(£27.26/sq. ft. pa)

Retail premises to let

1 The Maltings, Mill Street, Oakham LE15

365 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Oakham School 0.1 miles
  • The Shires At Oakham (SEN) 0.3 miles
  • Oakham 0.4 miles
  • Melton Mowbray 9.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Oakham to find out more about the local area.

Features and description

  • Circa 365 Sq Ft total space
  • Popular retail location on Mill Street
  • Open plan space with store room and w/c
  • Available Immediately
  • Air conditioning
  • Some integrated display cabinets included
Prime Retail Unit on Mill Street in Oakham

£9,950 per annum plus VAT

365 sq ft
(33.91 sq m)

Size - 365 Sq Ft
Rent - £9,950 per annum plus VAT
VAT - Applicable

Service Charge - £750 per annum + VAT
Business Rates - rv £9,500 Small Business Rates Relief should be available to qualifying businesses
Legal Fees - Both parties will be responsible for their own fees. There is a Tenant contribution of £750 + VAT towards the Landlords Legal costs to be paid prior to the drafting of the lease
EPC - B (43)

A Grade 2 listed building constructed of Ironstone with window frontage directly on to Mill Street. Open plan ground floor shop with large window frontage. Store room and w/c to the rear. Total space approximately 365 square feet.

The property is not suitable for a Food Takeaway outlet as there is no extraction.

Location

The Maltings is located on Mill Street, a popular retail and food shopping Street in the Centre of Oakham with No 1 ́s shop window fronting directly onto Mill Street which has vehicular and pedestrian traffic. Surrounding the shop there are other retail outlets including Art Galleries, Jewellers, Hairdressers and Food Outlets.

Accommodation

The retail unit has low ceilings and has alcoves which lend themselves to retail displays. The shop is open plan and has a WC and Kitchen to the rear.

Terms

A new 5-year lease will be created. The initial passing rent is £9,950 + VAT per annum. A 3 months rent deposit and a personal guarantee may be required. There is a service charge for the maintenance of The Maltings external areas. For the first year this has been set at £750 + VAT The tenant will contribute to the Landlords Buildings Insurance.

There is a Tenant contribution of £750 + VAT towards the Landlords Legal costs to be paid prior to the drafting of the lease.

More information

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  1. Zoopla
  2. Commercial to let
  3. Rutland
  4. Oakham
  5. Mill Street