Description

LocationSituated in the centre of Oakham off Church passage which links the central market place with Cutts Close open land and play area. The building overlooks the rear of All Saints Church and therefore has an open outlook.DescriptionA detached property with pedestrian only access off Church Passage in the centre of Oakham. Constructive in brick under a slate covered pitched roof with 2 sets of double doors overlooking All Saints Church.The building has a vaulted ceiling, electric wall mounted heaters and is surrounded by a secure iron fence with 2 pedestrian gatesaccommodationOne main open plan area plus Kitchen and WcMain Area 7.66m x 3.55m (25ft x 11'6") plus the Kitchen and Wc which add a further 3.55m x 1.00m of space.The main area has 2 pairs of double doors which open into the secure area adjoining Church PassageamenitiesAll main services and amenities are available in Oakham Town Centre. The Rail Station and Bus station are both approximately a 5 minute walk from Church PassageservicesMains Water, Electricity and Drainage are connected to the property. These services have not been tested by the Agents.TermsA new 5 year lease will be be created on Fri terms with rent review after 3 years. A 3 months rent deposit will be held by the Landlord for the period of the lease and references will be required. A 3 month rolling Break Clause will be included which can be served after the initial 12 month period.Rent has been set at £5,000 Plus VAT and rent is paid Quarterly in advance. Utilities are paid directly by the tenant to the service provider. The Landlord will insure the building and the charge will be reimbursed by the tenant.OutgoingsAccording to the voa web site, the Rateable Value is £4,250. Small business rate relief should be available to qualifying businesses. Prospective tenant should make their own enquiries with Rutland County Council on VATVAT will be added to the Rent and Insurance.Legal costsA contribution to the Landlords Legal and Administrative costs of £525 plus VAT will be payable by the tenant.Service chargeThere is no service chargeparking notesThere is no parking with the Unit and access is via the pedestrian footpath. There is no vehicular access. Public car parks are available in Church Street and Burley Road where monthly or annual permits can be obtained from Rutland County Council.PlanningCurrent use was as a Yoga Studio and previous uses include a Vegetable Shop. Most retail uses would be considered and any change of use will be the responsibility of the tenant.OtherP F Commercial is the trading name of F P Partners Ltd and was formerly known as Moores Commercial. All emails sent to Moores Commercial will be forwarded to P F Commercial and all data held by F P Partners Ltd. Will remain unchanged by the rebrand.ViewingStrictly by prior appointment via the sole agents P F Commercial Tel: Or via email For more details and to contact: