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High Street, Oakham

  • Asking Price Of £650,000
High Street, Oakham
  • Town House
  • Property Type
  • 3
  • Bedrooms
For Sale

High Street, Oakham

High Street, Oakham
  • Asking Price Of £650,000

Overview

Property ID: 17578
  • Town House
  • Property Type
  • 3
  • Bedrooms

Description

Substantial three storey property and retail unit occupy a prime location on the High Street in this well thought of market town of Oakham, with ease of access to the town centre.

The three storey building has been previously used as a residence and offices and would lend itself to being fully reverted to residential or would work well for anybody looking to have a business from home. An area has been separated off and tenanted for retail purposes. These properties are popular with Oakham school parents being one of the few large residential properties close to the school and also within walking distance to the train station. There is parking and outdoor space for both the main property and the retail shop.

Oakham is an attractive and historic market town with a full range of shops and other facilities. There are excellent primary and secondary schools with independent schools in the area of Oakham, Uppingham and Stamford. Located for ease of access to major centres such as Peterborough and Leicester, both of which have mainline train services to London within the hour.

PROPERTY DESCRIPTION Main property/offices: A substantial three storey building of solid brick construction under a pitched, slate covered roof. Being the end of a terrace of similar properties, the building occupies a high profile location with both vehicular and foot traffic passing the front door.

The retail unit: A relatively modern structure built in the gardens of the three storey building in matching brick beneath a slate covered roof. The structure is part two storey with an office/storage room to the first floor and part single storey. The retail units could be separated as services and drainage is connected to each unit.

ACCOMMODATION Main property/offices: Arranged over three floors, the property/office accommodation is flexible and offers two rooms to the ground floor (front 16′ X 14’4") and rear (14′ x 13’10"). The w/c to the ground floor is shared with the adjoining retail unit. Kitchen on the half landing. To the second floor there are three rooms, front main (13.3" x 14’4), rear (14′ x 13’10") and front small (8’6" x 11’7"). There is also a separate w/c for second floor use only. Third floor – not internally inspected

The retail unit: Comprising two units but currently open planned.
Number two has a retail unit measuring 5.04m x 5m to the ground floor (271 Sq. Ft.) and 5.04m x 3.38m office/storage to the first floor (183 Sq. Ft). Disabled access and door linking to the w/c shared with the adjoining offices. Number four is a retail unit measuring 7.84m x 4.91m (414 Sq. Ft.). Separate access door and currently open plan with number two.

Rates
Offices: The Rateable value on the Ground Floor is £3,550. The Rateable value on the 2nd Floor is £2,950
Retail unit: According to the VOA website, the Rateable value of the property is £16,750 for both shops.
This would need to be revised if the Shops were separated.

Property Documents

MED_14015_42544.pdf
  • Address High Street, Oakham
  • City Oakham
  • Zip/Postal Code LE15 6AS

Details

Updated on April 13, 2021 at 8:33 pm
  • Property ID: 17578
  • Price: Asking Price Of £650,000
  • Bedrooms: 3
  • Property Type: Town House
  • Property Status: For Sale

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