Retail unit in a prime location on Oakham High Street

Rent £12,000 per annum No VAT

592 Sq Ft

Size - 592 Sq Ft
Rent - £12,000 per annum
Rateable Value - RV £11,000 Rising to £11,500 in April 2026
Legal Fees - The ingoing tenant will pay a £300 + VAT contribution towards the administration fee for the transaction
VAT - Not Applicable
EPC - C (61)

Ground Floor of a stone built property beneath a slate covered roof.
Dual Aspect display windows onto High Street and Market Place

Location - 2 Market Place occupies a prime location on the corner of Oakham High Street and Market Place with a taxi rank and bus stop directly outside. It is surrounded by other retail outlets including Boots the Chemist, Boots Opticians and numerous private retailers including travel agents, Timpsons and Estate Agents

Oakham has a market on a Wednesday and Saturday which takes place in the Market Place directly adjacent to the shop

Accommodation - The premises are arranged with a main retail area with an office, WC and storage at the rear.
Main retail area which is dual aspect onto High Street and Market Square is 380 Sq Ft
Rear Office and Store 212 Sq Ft plus WC

Terms - The existing tenant is seeking to assign the existing lease which expires in September 2026 and is outside the protection of the 1954 Landlord and Tenant Act. The rent is £12,000 per annum with No VAT. However, a new 5 year lease may be available at the same rent. Rent is paid Quarterly in advance. A 3 month rent deposit will be required. The landlord will insure the building and the tenant will pay a proportion of the premium along with other tenants in the building

Parking - There is no parking with the property. Long term parking permits are available for Public Car Parks in Oakham Town Centre.