This retail is now off the market

  1. Realla
  2. Shops, retail for sale
  3. Oakham

83 Braunston Road, Oakham, Rutland, LE15 6LE – Oakham

This retail is now off the market

APB
Contact name
James Phillips
Full address
83 Braunston Road, Oakham, Rutland LE15 6LE – Oakham
Property type
Shop, retail unit for sale ‐ Retail property (high street)
Asking price
£925,000
Features
Car park
Size
5,141 sq ft
NIY (%)
6.15

Property description

Commercial investment
• Retail convenience food store
• Let to Central England Cooperative
• 15 year lease from January 2014
• Current rent: £60,000 per annum
• Net Yield: 6.15% * LOCATION Oakham is an attractive and popular location in the heart of Rutland, situated 28 miles southeast of Nottingham and 25 miles east of Leicester. The population is 10,922 (2011 census). The property is situated in a prominent position on Braunston Road, approximately 0.5 miles from the town centre. The surrounding area is a popular and affluent residential suburb. DESCRIPTION The property is a former public house which was converted for a convenience food store in 2014. The building is of conventional brick construction with a two storey element.
The ground floor is used for retail purposes with associated rear stores and the first floor is used as an ancillary accommodation.
There is an extensive customer car park at the front of the property and a separate rear service yard situated off Kings Road.

This shop, retail unit for sale is located in Oakham.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to APB. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact APB for full details and further information.