Retail premises to let in Church Street, Oakham LE15

Location

The property is located on Church Street close to its junction with High Street in the centre of the established retailing area of the town. Oakham is the county town of Rutland and has facilities that serve the local community. The property has free on-street parking in front of the subject premises as well as being on the access road to one of the principal pay and display car parks for the town.

Description

The premises form the ground floor of a brick and rendered property constructed in the last 20 years. The premises have wooden pedestrian windows and has access to both the front of the property off the pavement and at the rear from a shared courtyard.

There is currently a single stud partition that forms a kitchen area, which can be dismantled if necessary for additional trading space. There is also a marble finished service counter and wheelchair accessible W.C located towards the back of the property.

Accommodation

Ground Floor NIA 91.04m2 980 ft2

Planning

The premises have a permitted Retail Class E use. The premises are located in a Conservation Area.

Services

The premises are connected to all mains services.

EPC

An EPC has been applied for.

Rates

The premises are assessed for business rates under the 2024 Rating List as follows:-

Rateable Value £21,000

Rates Payable approx. £10,479

Please note this is for the whole of the property – to be reassessed once split.

Tenure

The premises are available by way of a new lease for a period of years to be agreed on full repairing and insuring terms together with a service charge for the upkeep and maintenance of the courtyard.

Rental

£17,500 per annum.