Property photos
Just added
£10,800 pa
(£18.95/sq. ft. pa)
Retail premises to let
12 The Maltings, Mill Street, Oakham LE15570 sq. ft
Local area information
Property location
Nearby amenities
- Oakham School 0.1 miles
- The Shires At Oakham (SEN) 0.3 miles
- Oakham 0.4 miles
- Melton Mowbray 9.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Oakham to find out more about the local area.
Features and description
- 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.
More information
Listed by
P & F Commercial
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