Back to Pugh & Company

Freehold commercial property for auction

Oakham, LE15 - Get Access

Description

A freehold commercial property located along High Street, Oakham, offered with vacant possession upon completion, extending to some 6,652 sq ft (note: a small unit with separate access is let at £4,200 pa). The property comprises a Grade II listed, early 19th-century hall, originally built as an agricultural hall and until recently used for community-based events. The building has scope for a variety of uses such as weddings, arts and entertainment, or education, all subject to any required planning approval. The property occupies a prominent position on High Street in the heart of Oakham town centre, the principal commercial and retail destination within Rutland. The location benefits from strong visibility and excellent access to the town’s established retail, professional, and leisure amenities. Oakham is an attractive and prosperous market town, serving a wide catchment across Rutland and the surrounding areas. The town benefits from good road and rail connectivity, with Oakham railway station providing regular services to Leicester and Peterborough, while the A606 provides convenient access to the wider regional road network.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Low confidence Floor Area: 6,652 sq ft (Listing)

Valuing a unique Grade II listed commercial hall requires careful consideration of its scale, town centre positioning, and versatile layout. The property combines early 19th-century architectural character with substantial open function space along Oakham's primary retail street. Our assessment factors in the existing partial income stream alongside modest cosmetic updates required for the interior fittings.

Unlock the full valuation
  • Exact estimated value and full value range
  • Detailed written analysis of how we reached this estimate
Unlock full report