Market Place, Oakham, LE15 6DT

GENERAL DESCRIPTION
A two storey Grade II Listed building with a ground floor commercial retail premises and the potential to convert the first floor into a residential apartment. The first floor has an independent access from the rear.

The retail shop is currently let to long established Bakery and Cake Shop. An extension of the existing lease has been agreed in principle between Landlord and Tenant for a further period of 6 years on an internal repairing and insuring lease with 3 yearly upwards only rent reviews. The current rent is £12,000 per annum and this has been set for a further three years.

The property is being offered available for sale subject to the existing lease and the first floor being sold with vacant possession. This property is to be sold with two car parking spaces within the rear courtyard area which is accessed via Burley Road.

Oakham is the market town of the county of Rutland and has a good catchment area for the villages in close proximity to the town. The town currently has a population of approximately 12,000 people and benefits from a good range of successful retailers from a variety of High Street names for example Boots the Chemists, Timpsons and Tescos to a number of smaller independent retailers.

ACCOMMODATION
The accommodation and internal dimensions are as follows:

GROUND FLOOR
(approximately 580 square foot)

Front Retail (3.53m x 10.92m narrowing to 2.39m x 3.05m (11'7" x)
With good display windows fronting Market Place.

Kitchen/Wash Room (1.73m x 2.44m (5'8" x 8'0"))

Rear Room (2.29m x 1.88m (7'6" x 6'2"))
External door to rear elevation, sink unit with electric water heater above.

Toilet (0.81m x 1.73m (2'8" x 5'8"))
White low level WC and wash hand basin wit electric water heater above.

FIRST FLOOR
(approximately 400 square foot)

The first floor to No. 9 Market Place is accessed via an external metal staircase from a rear yard area.

The first floor accommodation could be converted to an apartment or office accommodation, if required.

Front Room (4.11m x 4.14m (13'6" x 13'7"))
With window onto Market Place.

Middle Hallway (3.56m x 1.02m (11'8" x 3'4"))
With window to rear elevation.

Rear Room (3.38m x 5.05m (11'1" x 16'7"))
Window to rear, external door to rear elevation.

OUTSIDE

Rear Yard
providing a storage area and pedestrian access to the stairs to first floor accommodation

2 Car Parking Spaces located to the rear and accessed from Burley Road

SERVICES
Mains electricity and gas, mains drainage and water supply are all available to the building.

None of the services, fittings, or appliances (if any) heating installations, plumbing or electrical systems, telephone or television points have been tested by the Selling Agents.

METHOD OF SALE
The property is to be offered available for sale freehold, and subject to the existing lease on the ground floor with vacant possession of the first floor.

ENERGY RATING
D/77.

RATEABLE VALUE
Enquiries to Rutland County Council, Oakham 01572-722577

VIEWING
Strictly through the Sole Selling Agents

Murray, Market Street, Oakham, Rutland. LE15 6DY Tel. No: 01572 755555

Email: grant@murray.co.uk

OFFICE OPENING HOURS
Monday - Friday 9.00 - 5.30
Saturday 9.00 - 4.00
Bank Holidays 10.00 - 2.00

DISCLAIMER
1. The particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract. No responsibility is assumed for the accuracy of individual items. Prospective purchasers and lessees ought to seek their own professional advice.

2. All descriptions, dimensions, area, reference to condition and necessary permission for use and occupation and their details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection, or otherwise as to the correctness of each of them.

3. No person in the employment of Messrs Murray has any authority to make or give any representations or warranty whatever in relation to this property or these particulars or enter into any contract relating to this property on behalf of the vendor.

4. No responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn.

5. It should not be assumed that the property has all necessary planning, building regulation or other consents. Where any reference is made to planning permission or potential uses, such information is given in good faith.

6. The information in these particulars is given without responsibility on the part of the agents or their clients. These particulars do not form any part of an offer of a contract and neither the agents nor their employees has any authority to make or give any representations or warranty in relation to this property.

Money Laundering Regulations 2003

Anti-Money Laundering Regulations came into force in March 2004. These regulations affect estate agents, there will be requirement that Murray's confirm the identity of its seller and buyers.