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1-7 Burley Cor 760 SF of Retail Space Available in Oakham LE15 6DU



HIGHLIGHTS
- Prime Retail Unit on Oakham High Street
- Dual Aspect on Burley Road and High Street
- Open plan space with fitted kitchen
- 760 Sq Ft total Retail space
- Prime location in town centre
- Available Nov 2025
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| - | 760 SF | Negotiable | $45.89 CAD/SF/YR $3.82 CAD/SF/MO $34,873 CAD/YR $2,906 CAD/MO | TBD |
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High profile prime retail location on Oakham High StreetRent £18,750 per annum760 Sq Ft Double AspectSize - 760 Sq FtPrice/Rent - £18.750Rateable Value - RV £13,500Legal Fees - Tenants will contribute £750 + VAT towards the Landlords Legal fees to be paid prior to the issue of the lease.VAT - ApplicableEPC - C (73)Located on the ground floor of a 3-storey property, the property benefits from other commercial tenants to include a wine merchants, a highly popular Indian restaurant and a Café.Location - 1 High Street occupies a high profile prime location at the junction of Oakham High Street, Mill Street, Burley Road & Uppingham Road, with a taxi rank and bus stop 50 meters away, adjacent to the market square. It is surrounded by other retail outlets including Boots the Chemist, Boots Opticians, Specsavers and numerous private retailers including travel agents and Timpson’s.Amenities - Being right in the centre of town, all local amenities are readily available, opposite the town library and close to a range of town centre car parks.Accommodation - The shop benefits from large windows on 2 sides and measures approx. 760 sq ft with open plan shop area. Recently fitted kitchen and w/c. Karndean wood effect flooring throughout.Parking - There is no parking with the property. Long terms parking permits are available for Public Car Parks in Oakham Town Centre.Terms - Offered for let on a 5-year lease with 3 yearly rent reviews. Initial passing rent of £18,750 + VAT. Rent is paid quarterly in advance on quarter days and a deposit equal to 3 months rent including VAT will be required. Sole traders and start up businesses will require a PG with proof of assets and/or a 6 month deposit. There is a fixed Service charge of £1250 for the first year which includes all buildings maintenance, water and sewerage. Building insurance is arranged by the landlord and reimbursed by the tenant as a proportion for the space rented. This will be invoiced in advance for the year and is estimated to be in the region of £1,000 per annum payable on renewal.Contents and Window glass insurance is the tenants responsibility.
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
SELECT TENANTS AT 1-7 BURLEY COR, OAKHAM, LEC LE15 6DU
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Oakham Wines
- -
- 1
- -
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Oakham Wines | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 760 SF | Gross Leasable Area | 5,418 SF |
| Property Type | Retail | Year Built | 1911 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 760 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,418 SF |
| Year Built | 1911 |
FEATURES AND AMENITIES
- Security System
NEARBY MAJOR RETAILERS
Presented by
1-7 Burley Cor
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