34 High Street, Oakham

34 High Street, Oakham

£15,000 pa

Property Details

  • Ref: 143669
  • Type: Retail
  • Availability: Under Offer

Full Details

The Building is believed to be Oakhams oldest building dating back to the 13th or 14th Century. Built of stone beneath a Westmorland Slate roof, the property is Grade II* listed.

No 34 occupies a prime location on Oakham High Street adjacent to a pedestrian crossing and surrounded by other retail outlets including Boots the Chemist, Boots Opticians, HSBC Bank , numerous private retailers and opposite the Victoria Hall.

Oakham is a popular Market town and the County capital of Rutland, the smallest County in the UK. Well positioned in the Midlands close to the A1 at Greetham/Stretton with good access to other popular market towns, Stamford, Melton, Grantham and Uppingham all within 15 miles, and cities to include Peterborough and Leicester within 20 miles away. Motorway access is circa 20 miles West at Junction 21a, via the A46 from Melton Mowbray.

The property is available by way of a new 5 year FRI Lease. The passing rent is £15,000 per annum. A 3 month rent deposit will be required and rent is paid quarterly in advance. The Landlord will insure the building with the tenant reimbursing a proportion of the premium.

Occupying 3 units, each with its own door onto High Street the Shop comprises a total of 850 Sq Ft retail space plus 187 Sq Ft of Kitchen and Storage space. There are 3 night storage heaters. A combined Kitchen and Storage space to the rear and a separate WC.

The First Floor is currently vacant and could be leased with the shop. Originally the building had an internal staircase linking the 2 floors and the Heritage department within the Council would be happy to see this staircase re-instated (Subject to listed Building Consent). The First Floor is currently accessed by an adjoining door off the High Street

Being on the High Street, all local amenties are immediately avaiable. The bus station is approximately 2 minutes walk and the train station 5 minutes walk.

We are advised that all mains services with the exception of gas are connected to the property. These services have not been inspected or tested by the agent.

According to the VOA website the Ratable Value for Flores House, 34 and 34a High Street is £16,950. Rutland County Council apply a multiplier of between 0.48 and 0.493 pence in the pound dependant on the business. Small business have a multiplier rate of £48p in the pound. Specific enquiries should be made to Rutland County Council on

Available Area

Name/FloorSq FtSq MAvailability
unit Ground floor retail unit85078.97Available