Rent for year 1 set at £6500 pax - EstateWeb

Rent for year 1 set at £6,500 pax Subsequent years will increase at set rate

1st Floor, 3 Saddler Court, Oakham Office Park, Rutland, LE15 7GH * First floor office suite * 931 Square foot of space with First floor waiting area, main open plan office and board room. * Popular Oakham Office Park * Parking spaces for 3 cars. * Available immediately - 5-year lease * Rental structure starting year 1 at £6,500, with fixed £1k per annum increases to £10,500 year 5

Location Saddlers Court Offices are situated at Oakham Office Park, which is just off Lands End Way and Burley Park Way (Oakham By pass). Burley Park Way (A606) is the main route around the outskirts of Oakham and is part of the new re-development taking place. In addition to the adjacent new housing estates the location boasts a new Family public house, new BP petrol station with Marks and Spencer's food, Aldi and a recently opened Lidl. Property Description The offices occupy the entire first floor of the right hand side of the building and effictively are semi detached. A 2 storey construction under a tile covered pitched roof with wooden clad elevations to the first floor. High security entry door with audio telephone entry to each floor. Accommodation Accessed via the main entrance into the ground floor hallway, off which is the Kitchenette and W/C's. From the hallway are stairs to the first floor and the open plan office space with boardroom style meeting room all with full air conditioning and heating, motion sensor lighting and high ceilings for character. Services The property benefits from a heat efficient construction and a security alarm system. We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent. Terms Offered for let on a new lease, terms to be agreed, with all rents plus VAT Year 1 - £542 pcm - £6,500 per annum Year 2 - £625 pcm - £7,500 per annum Year 3 - £708 pcm - £8,500 per annum Year 4 - £792 pcm - £9,500 per annum Year 5 - £875 pcm - £10,500 per annum Quarterly Management charge of £123.56 + VAT = £494.24 per annum + VAT Rates According to the valuation office website the current rateable value is £20,250 per annum for the whole, once leases are agreed, the demise will require separate rateable values for ground and first floor. We anticipate that the First Floor will have a rateable value of less than £12,000 making it eligible for full rate relief. Please contact Rutland County Council for more information. VAT VAT will be charged on the rent, service charge and insurance rent. Legal Costs Both Parties will 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 Allocated parking spaces in the bays marked for a total of 3 vehicles.

Contact Details

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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.