£10,800 pa
(£18.95/sq. ft. pa)
Retail premises to let12 The Maltings, Mill Street, Oakham LE15
570 sq. ft
About this property
Prime Dual Aspect Retail Unit in Oakham
570 Sq Ft total space
Tiled floor, painted walls and suspended ceiling
Open plan space with store room and w/c
Available from September 2025
Popular retail location off Mill Street
Dual Aspect Retail Unit in The Maltings Oakham
Rent £900 pcm + VAT ( £10,800 per annum)
570 Sq Ft overall
Size - 570 Sf Ft
Rent - £10,800 per annum + VAT
Service Charge - £1,000 per annum fixed for 2 years.
Business Rates - rv £9,300 As per the 2023 valuation
Legal Fees - Both parties will be responsible for their own fees. A contribution of £750 + VAT towards the lease drafting fees will be payable by the ingoing tenant.
Car Parking - Parking on Mill street and Pay and Display Car Parks nearby
VAT - Applicable
EPC - B (37)
A purpose-built ground floor retail unit with dual aspect window frontage and high ceilings. The space is being returned to its original open plan condition with painted walls and a tiled floor. The Shop frontage faces the Maltings and the side window faces Crown Street
Location
The Maltings is located just off Mill Street, a popular retail and food shopping Street in the Centre of Oakham. Oakham is a popular Market town with markets on Wednesday and Saturdays in the market place approximately 1 minutes walk from The Maltings
Terms
Offered for let on a 5-year lease with 3 yearly rent reviews. Initial passing rent of £10,800 + VAT (£900 pcm + VAT). Rent is paid quarterly in advance on quarter days and a deposit equal to 3 months rent including VAT will be required. There is a service charge of £1,000 + VAT per annum paid annually on invoice for Communal areas maintenance, including painting & decorating, landscaping and Christmas lighting.
Building insurance for The Maltings is arranged by the landlord and reimbursed by the tenant as a proportion for the space rented. The insurance is renewed in September, this will be invoiced in advance for the year and is estimated to be in the region of £350 for 2025. Contents and Window glass insurance is the tenants responsibility.
Break clauses and incentives may be considered for the right applicant.
Please note the non- returnable contribution to the landlords legal costs is payable prior to the lease being issued.
Rent £900 pcm + VAT ( £10,800 per annum)
570 Sq Ft overall
Size - 570 Sf Ft
Rent - £10,800 per annum + VAT
Service Charge - £1,000 per annum fixed for 2 years.
Business Rates - rv £9,300 As per the 2023 valuation
Legal Fees - Both parties will be responsible for their own fees. A contribution of £750 + VAT towards the lease drafting fees will be payable by the ingoing tenant.
Car Parking - Parking on Mill street and Pay and Display Car Parks nearby
VAT - Applicable
EPC - B (37)
A purpose-built ground floor retail unit with dual aspect window frontage and high ceilings. The space is being returned to its original open plan condition with painted walls and a tiled floor. The Shop frontage faces the Maltings and the side window faces Crown Street
Location
The Maltings is located just off Mill Street, a popular retail and food shopping Street in the Centre of Oakham. Oakham is a popular Market town with markets on Wednesday and Saturdays in the market place approximately 1 minutes walk from The Maltings
Terms
Offered for let on a 5-year lease with 3 yearly rent reviews. Initial passing rent of £10,800 + VAT (£900 pcm + VAT). Rent is paid quarterly in advance on quarter days and a deposit equal to 3 months rent including VAT will be required. There is a service charge of £1,000 + VAT per annum paid annually on invoice for Communal areas maintenance, including painting & decorating, landscaping and Christmas lighting.
Building insurance for The Maltings is arranged by the landlord and reimbursed by the tenant as a proportion for the space rented. The insurance is renewed in September, this will be invoiced in advance for the year and is estimated to be in the region of £350 for 2025. Contents and Window glass insurance is the tenants responsibility.
Break clauses and incentives may be considered for the right applicant.
Please note the non- returnable contribution to the landlords legal costs is payable prior to the lease being issued.
.png){kind=logo}