Asking Price Of £245000 for the freehold with vacant
Asking Price Of £245,000 for the freehold with vacant possession of the Ground Floor
18-20 Churchill Road, Oakham, Rutland, LE15 6LH Freehold of the land and building with vacant possession of the Ground Floor unit (currently a local supermarket) which is approximately 1450 sq ft plus ancillary storage. There are 2 flats which have separate entrances to the first floor which are NOT included but could be bought separately if required. The building has a rear yard with additional garaging and the retail unit could be split into 2 trading areas or (STPP) converted to alternative uses and would be suitable for a Children's Nursery or play centre having an open plan layout and private outside space plus ample parking.
Location Situated on the outskirts of Oakham, to the West of the town centre. Churchill Road is located just off Braunston Road, the main route towards Leicester. Oakham is a popular Market town and boasts to be the County capital of Rutland, the smallest County in the UK. Rutland is home to Rutland Water, popular for locals and tourists for cycling, fishing, bird watching and walking. 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. Property Description A brick built 2 storey property with flat roof and enclosed rear yard area. The ground floor trading areas and store rooms occupy the whole of the ground floor, with each of the self contained flats on the first floor having separate access. Accommodation The ground floor trading areas measure approximately 132.8 SQ metres (1429 square feet) plus store room to the rear. The shop has a range of fixed shelving with 3 isles, fitted fridges and freezers with single counter till, wines and spirits section and enclosed Tobacco dispensary. The first floor offers 2 self contained 2 bedroom flats with kitchen, lounge/dining room and bathroom. (these are not included with the sale of the business however would be sold by separate negotiation). The rear yard covers a larger footprint than the building itself and may offer development potential subject to planning permission. Amenities The property is located within walking distance of a primary and secondary school, Catmose primary and Catmose College with Harrington college attached offering 6th form education. The railway station is a 15 minute walk away with the main town centre being just a little further. Services We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent. Service Charge Not applicable although a service charge will need to be created for the maintenance and insurance for the structure with the ground floor and the first floor apartment paying a fair proportion of the costs. Terms Offered for sale freehold our clients would consider an offer for the whole including the 2 apartments which will otherwise be sold off on long leasehold leases with a peppercorn rent being paid to the freeholder. Rates According to the valuation office agency the current rateable value for the business element of the property is £10,000 per annum. The flats would attract council tax in the usual way. Further enquires for commercial and residential rates should be directed to Rutland County Council. VAT We are advised that the property has not been elected for VAT Legal Costs Each party is to be responsible for their own legal costs. Viewing Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email [email protected] Parking Ample off road parking for around 8 cars is available in the yard area to the rear of the property. On road customer parking to the front of the property is available for around 15 cars.
Other Finance may be available through Independent Financial Brokers and Moores Commercial would be please to make an introduction Contact Details for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details. 36 High Street Oakham Rutland LE15 6AL www.moorescommercial.com
Email: [email protected] Tel: 01664 431330 %epcGraph_c_2_210% Important; we would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances and fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance only and illustration purposes only and may not be to scale. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.
18-20 Churchill Road, Oakham, Rutland, LE15 6LH Freehold of the land and building with vacant possession of the Ground Floor unit (currently a local supermarket) which is approximately 1450 sq ft plus ancillary storage. There are 2 flats which have separate entrances to the first floor which are NOT included but could be bought separately if required. The building has a rear yard with additional garaging and the retail unit could be split into 2 trading areas or (STPP) converted to alternative uses and would be suitable for a Children's Nursery or play centre having an open plan layout and private outside space plus ample parking.
Location Situated on the outskirts of Oakham, to the West of the town centre. Churchill Road is located just off Braunston Road, the main route towards Leicester. Oakham is a popular Market town and boasts to be the County capital of Rutland, the smallest County in the UK. Rutland is home to Rutland Water, popular for locals and tourists for cycling, fishing, bird watching and walking. 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. Property Description A brick built 2 storey property with flat roof and enclosed rear yard area. The ground floor trading areas and store rooms occupy the whole of the ground floor, with each of the self contained flats on the first floor having separate access. Accommodation The ground floor trading areas measure approximately 132.8 SQ metres (1429 square feet) plus store room to the rear. The shop has a range of fixed shelving with 3 isles, fitted fridges and freezers with single counter till, wines and spirits section and enclosed Tobacco dispensary. The first floor offers 2 self contained 2 bedroom flats with kitchen, lounge/dining room and bathroom. (these are not included with the sale of the business however would be sold by separate negotiation). The rear yard covers a larger footprint than the building itself and may offer development potential subject to planning permission. Amenities The property is located within walking distance of a primary and secondary school, Catmose primary and Catmose College with Harrington college attached offering 6th form education. The railway station is a 15 minute walk away with the main town centre being just a little further. Services We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent. Service Charge Not applicable although a service charge will need to be created for the maintenance and insurance for the structure with the ground floor and the first floor apartment paying a fair proportion of the costs. Terms Offered for sale freehold our clients would consider an offer for the whole including the 2 apartments which will otherwise be sold off on long leasehold leases with a peppercorn rent being paid to the freeholder. Rates According to the valuation office agency the current rateable value for the business element of the property is £10,000 per annum. The flats would attract council tax in the usual way. Further enquires for commercial and residential rates should be directed to Rutland County Council. VAT We are advised that the property has not been elected for VAT Legal Costs Each party is to be responsible for their own legal costs. Viewing Viewing is strictly by prior appointment via the sole agents Moores Commercial Tel: 01664 431330 or via email [email protected] Parking Ample off road parking for around 8 cars is available in the yard area to the rear of the property. On road customer parking to the front of the property is available for around 15 cars.
Other Finance may be available through Independent Financial Brokers and Moores Commercial would be please to make an introduction Contact Details for you. The Brokers are completely Independent of Moores Commercial and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details. 36 High Street Oakham Rutland LE15 6AL www.moorescommercial.com
Email: [email protected] Tel: 01664 431330 %epcGraph_c_2_210% Important; we would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances and fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance only and illustration purposes only and may not be to scale. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.
