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A freehold commercial property
Oakham, LE15 - Get Access
Description
Property Details Description A freehold commercial property located along High Street, Oakham, offered with vacant possession upon completion extending some 6,652 Sq Ft (NB 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. We feel the building has scope for a variety of uses such as weddings, arts and entertainment or even education. This is 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 towns 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. Accommodation Ground Floor Entrance Hall and Gallery Having period features. Leading off - Disabled, Male and Female WCs Office One Extends 437 sq ft Office Two Extends 294 sq ft Office Three Extends 359 sq ft Plant Room Stairs Leading to first floor, lift (not tested) and external stair case. First Floor: Main Hall Extending 2,300 sq ft and features a functioning bar and storage space behind bifold doors, creating a useful space for large events and functions. Crew Room Fitted kitchen With extraction. Externally There is a commercial unit (not inspected) having its own access currently occupied by a dog grooming business. We have been advised this unit is let for £350pcm. Costs Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: ¢ 5% deposit (subject to a minimum of £5,000) ¢ Buyers Fee of 3% inc. VAT of the purchase price (subject to a minimum of £6,000 inc. VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page. This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. General Draft Sales Particulars These sales details are awaiting vendor approval
Comparable sales
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Estimated market value
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Range:
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Medium confidence
Floor Area: 6,652 sq ft (Listing)
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