Retail Unit, 4 Melton Road, Oakham LE15 6AY

Retail Outlet in Oakham Town Centre

Rent £6,600 per annum (No VAT)

456 sq ft (42.36 sq m)

Size - 456 sq ft
Rent - £6,600 per annum
Rateable Value - £3,550
Car Parking - There is no parking with the property. Road parking and public car park nearby
VAT Not applicable
Legal Fees _ Tenant will contribute £500 + VAT towards the lease administration costs
EPC Rating - EPC has been commissioned

Stone built property beneath a slate covered roof. Retail outlet with full width display window and first floor storage.

The entrance doors leads directly in to the retail space with a storage area to the rear which includes the Kitchenette and the WC. There is a rear yard for bin storage.

Location - Positioned on Melton Road which is a continuation of High Street in central Oakham, the property is surrounded by other retail and food outlets.

The shop is opposite a petrol filling station and The Captain Noel Newton (Wetherspoons) and B&M (discount Store) are nearby, as are other retail/Service providers such as barbers and a nail bar.

Accommodation - The accommodation comprises the following areas:

Ground Floor Retail 3.76m deep x 3.52m wide (162 Sq Ft)
Ground Floor storage and WC (96 Sq Ft)
First Floor Storage 4.78m x 3.76m (198 Sq Ft)

Total 456 Sq Ft (42.36 Sq m)

Terms - A new Full Repairing and Insuring lease will be created on a 5 year term with 3 year review.

Rent has been set at £550 per month (£6,600 per annum). A deposit equal to 3-months rent will be required and there will be a contribution to the Buildings Insurance arranged by the landlord. Rent is paid quarterly in advance. Tenant will pay £500 + VAT towards the lease administration costs.