£12,000 pa
(£20.24/sq. ft. pa)
Retail premises to let2 Market Place, Oakham LE15
593 sq. ft
Just added
About this property
Retail Unit on Oakham High Street
380 Sq Ft sales area and 212 Sq Ft back office storage area. 592 Sq Ft total Area
Dual Aspect to Market Place and High Street
Prime location in Town Centre
Available Now
Assignment of the existing lease until September 2026
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
An assignment of the existing lease is being offered which expires in September 2026. The lease is outside the protection of the 1954 Landlord and Tenant Act. The rent is £12,000 per annum with No VAT. A new 5 year lease may be available at the end of the current lease. Rent is paid Quarterly in advance. The ingoing tenant will refund 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.
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
An assignment of the existing lease is being offered which expires in September 2026. The lease is outside the protection of the 1954 Landlord and Tenant Act. The rent is £12,000 per annum with No VAT. A new 5 year lease may be available at the end of the current lease. Rent is paid Quarterly in advance. The ingoing tenant will refund 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.
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