Commercial property to let in Mill Street, Oakham LE15

To let on A lease

Prominent retail unit

General Description

A retail unit situated in a prominent location on the popular retail street of Mill Street, in the centre of the town of Oakham, close to the High Street.

The property has accommodation on the ground and first floor with a good retail room fronting onto Mill Street with prominent display windows and a glazed entrance door.

Mill Street is accessed directly from the High Street and is one of the most popular streets in the town for shoppers with many high class retailers to include Cavells Clothing, Independent Jewellers, Elizabeth Stanhope Interiors and a number of independent café owners.

Oakham is the market town of the county of Rutland and has a good catchment area for the villages in close proximity to the town. The town currently has a population of approximately 12,000 people and benefits from a good range of successful retailers from a variety of High Street names for example Boots the Chemists, Timpsons and Tescos to a number of smaller independent retailers.

Accommodation

The property has an overall internal ground floor area of approximately 1,050 square feet.

The accommodation and internal dimensions are as follows:

Ground Floor

(approximately 815 square feet)

Front Retail Area (3.35m x 6.10m (11'0" x 20'0"))

Frontage onto Mill Street with good display windows, glass panelled entrance door, lighting, laminate floor.

Leads through to the Main Retail Area.

Main Retail Area (7.39m max x 6.30m max (24'3" max x 20'8" max))

Radiators, laminate floor, air conditioning unit, lighting, feature glass roof lantern.

Rear Room (3.20m x 2.69m (10'6" x 8'10"))

(currently used as changing rooms)
Lighting, laminate floor, cupboard housing gas fired combi boiler.

Wc (1.45m x 2.29m (4'9" x 7'6"))

Fitted low level WC and wash hand basin.

First Floor

(Approximately 235 square feet)

Office/Store Room (5.61m x 3.91m (18'5" x 12'10"))

Fitted worktop and sink unit, lighting, window to Mill Street.

Services

Mains electricity and gas, mains drainage and water supply.

None of the services, fittings, or appliances (if any) heating installations, plumbing or electrical systems, telephone or television points have been tested by the Selling Agents.

Rental

£16,000.00 per annum.

Rateable Value

The current rateable value for this unit is £12,000 per annum. Enquiries should be made to Rutland County Council - tel No:

Energy Rating

56/C

Lease

The property is available to let on a new lease.

Terms of new lease are subject to negotiation.

It is envisaged a three year internal repairing and insuring lease with three yearly upwards only rent reviews.

Legal Fees

Each party are to bear their own legal fees in this matter.

Viewing

Strictly through the Sole Letting Agents

Murray, Market Street, Oakham, Rutland. LE15 6DY Tel. No:

Office Opening Hours

Monday - Friday 9.00 - 5.30
Saturday 9.00 - 12.00

Disclaimer

1. The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract. No responsibility is assumed for the accuracy of individual items. Prospective purchasers and lessees ought to seek their own professional advice.

2. All descriptions, dimensions, area, reference to condition and necessary permission for use and occupation and their details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection, or otherwise as to the correctness of each of them.

3. No person in the employment of Messrs Murray has any authority to make or give any representations or warranty whatever in relation to this property or these particulars or enter into any contract relating to this property on behalf of the vendor.

4. No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn.

5. It should not be assumed that the property has all necessary planning, building regulation or other consents. Where any reference is made to planning permission or potential uses, such information is given in good faith.

6. The information in these particulars is given without responsibility on the part of the agents or their clients. These particulars do not form any part of an offer of a contract and neither the agents nor their employees has any authority to make or give any representations or warranty in relation to this property.

Money Laundering Regulations 2003

Anti-Money Laundering Regulations came into force in March 2004. These regulations affect estate agents, there will be requirement that Murray's confirm the identity of its seller and buyers.