For sale/ To let - 6, Melton Road, Oakham, Rutland, LE15 6AY

Commercial property with Upper floors storage

FOR SALE or TO LET

Freehold & Vacant : £200,000
Leasehold : £15,000 PA

Size - 733 sq ft
Price - £200,000
Rateable Value - £8,000 Based on 2023 Valuation.
Car Parking - There is no parking with the property.
VAT - Not applicable
Legal Fees - Each party to bear their own costs
EPC - EPC has been commissioned

A stone built 2 storey property situated on Melton Road in Oakham Town Centre. The property previously operated as a convenience store and most recently a dessert shop. The ground floor is a predominately open plan retail space with waste and water connections to the rear, a Kitchen, WC & bathroom are all located on the First Floor along with two additional store rooms.

Due to there being rear access to the property the first floor could be converted into a 1 bed flat subject to the relevant planning permission.

Location - Surrounded by other similar retail units on Melton Road the property is very high profile to all pedestrian and vehicular traffic from Oakham Town Centre. The bus station is in Westgate immediately behind the unit and there is a Council run car park nearby along with on road parking.

Accommodation - The accommodation comprises the following areas:

Ground floor retail zone - 39.35 sq m - 423.56 sq ft
Ground floor internal storage- 0.89 sq m - 9.57 sq ft

First floor internal storage - 27.9 sq m - 300.31 sq ft

Total: 68.14 sq m - 733.45 sq ft

Planning - We are advised that the current planning use for the property is Class E. Subject to planning we believe the property would suit a mixed commercial & residential use.

Terms - The property is available freehold and delivered with vacant position for offers in the region of £200,000.

Leasehold offers will be considered with terms to be agree and with a passing rent of £15,000 Per annum.

Services - We understand that all main services with the exception of gas are connected. These services have not been tested by the agent.