Property Details
15 & 17 Melton Road / first floor 15 Melton Road, Oakham, Rutland
| Price | Size | Reference |
|---|---|---|
| £350,000 | C731 |
Brief Property Description
LOCATION
Situated in the town centre of Oakham, in close proximity to the main railway line and station. Oakham, being the County Town of Rutland, is situated approximately 10 miles west of Stamford, and the A1 dual carriageway, and 20 miles east of Leicester. The population of this market town is approximately 11,000. This investment opportunity is located close to a new Wilkinson store.
ACCOMMODATION
15 Melton Road.
Gross Frontage 4.07 m (15'04")
Net Frontage 4.15 m (13'08")
Shop Depth 10.03m (23'09")
Ground Floor Sales 48.61 sq m (523 sq ft)
17 Melton Road.
Gross Frontage 4.74m (15'07")
Net Frontage 4.19m (13'09")
Internal Width 4.41m (14'06")
Shop Depth 7.72m (25'04")
Ground Floor Sales 35.02 sq m (377 sq ft)
First Floor, 15 Melton Road.
1st floor offices/studio 86.36 sq m (929 sq ft)
WC
Ground floor & First Floor Flats
2 self-contained bed sit flats
TENURE
15 Melton Road, Oakham
Tenant Discount Carpets
Length of Lease New 6 Year Internal Repairing & Insuring Lease.
Rent. £5,250 pax
Start Date. Oct 2008.
17 Melton Road, Oakham
Tenant: Equity Insurance Management Ltd
Length of lease: 1st August 2006 to 31st July 2009 on a Internal repairing and insuring lease
Rent: £7,960.00 per annum exclusive
Start Date: 1st August, 2006
First Floor, 15 Melton Road, Oakham
Tenant: Tina MacNess
Length of lease: New 3 year Internal repairing and insuring lease from date of completion of purchase.
Rent: £9,000 pax
Ground floor flat
Let on an Assured Shorthold Tenancy Agreement at £303 per calendar month.
First Floor Flat
Let on an Assured Shorthold Tenancy agreement at £325 per calendar month.
PLANNING
The premises have the following planning consent within the Use Classes Order 1987:
15 Melton Road A1
17 Melton Road A2
First Floor, 15 Melton Road A1
RATEABLE VALUES
2007/2008
15 Melton Road £4,000
17 Melton Road £4,900
First Floor, 15 Melton Road £5,000
COSTS
Each party are to be responsible for their own legal cost in this matter.
PRICE
Offers are invited in the region of £350,000 for the benefit of the freehold interest.
VIEWINGStrictly through the Joint sole agents Reid Associates who will be happy to provide further details on request.
Reid Associates for themselves and for the vendors of this property whose agent they are give notice that :
1) The particulars are set out as a general guide only for the guidance of intended purchasers, and not constitute part of an offer or contract;
2) All descriptions, dimensions, reference to condition and necessary permissions
for use and occupation and other details are given without responsibility and intending purchasers or tenant should not rely on them as statement or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
C731
Viewing
Strictly through the sole selling agents Reid Associates who will be happy to provide further details on request.
Reid Associates for themselves and for the vendors of this property whose agent they are, give notice that:
- The particulars are set out as a general guide only for the guidance of intended purchasers, and not constitute part of an offer or contract;
- All descriptions, dimensions, reference to condition and necessary permissions for use and occupation and other details are given without responsibility and intending purchasers or tenant should not rely on them as statement or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
Further Information
For extra information regarding this property (reference number: C731) you can either ring us at 01572 756631, email us or request a call back.
