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2 Market Place, Uppingham

Guide Price
£650,000

£262.73 per sq ft

Business rates & charges may apply

Richardson Surveyors, Stamford
SIZE AVAILABLE

2,474 sq ft

230 sq m

SECTOR

Commercial property for sale

Key features

  • Town Centre Location
  • Total Floor Area - 283.8 Sq M (3,054 Sq Ft)
  • Iconic Building
  • Prominent Frontage
  • Commercial & Residential Opportunity
  • Development Potential

Description

Substantial, iconic and elegant Grade II listed Georgian building consisting of a three-storey mixed use building of stone construction occupying a prominent west side position of the Market Place in the centre of Uppingham.

Location - Uppingham, Rutland, is located on the A47 approximately 17 miles east of Leicester, and 22 miles west of Peterborough. The property is situated in the Market Place in the centre of Uppingham, adjacent to the High Street and the A6003.

Uppingham Market Place was granted its market charter in 1281, Uppingham has long been a centre of trade and community life, known for its rich heritage and elegant Georgian architecture. At its centre is The Falcon Hotel, a beautifully restored 16th-century coaching inn, Uppingham was a key stop on the old London to North route, which is why The Falcon Hotel originally served as a coaching inn. Known for its high concentration of art galleries, antique shops, and independent restaurants/ retailers Uppingham is often called Rutland’s cultural gem. Uppingham School is one of the most prestigious public schools in the UK, founded in 1584. The school brings cultural events, music, and a vibrant, intellectual energy to the town.

Description - 2 Market Place comprises a substantial, iconic and elegant Grade II listed Georgian building consisting of a three-storey mixed use building of stone construction occupying a prominent west side position of the Market Place in the centre of Uppingham. The property has been a family home and business for over 50 years and its sale presents an unique opportunity for the buyer to acquire a highly prominent building in the heart of Uppingham.

On the front facade to the right of the building's main entrance there is a small plaque which commemorates that it was here that Her Majesty Queen Elizabeth and Prince Phillip were greeted by councillor Alan Snodin, Mayor and Uppingham Town Councillor on their Majesties visit to Uppingham in June 2001.

Post Office - The commercial space on the ground floor is currently leased as a post office and negotiations are ongoing for a new lease to be granted. The post office business is not affected by the sale of the property.

Development - The cellar, first floor, second floor and rear store are all in need of renovation or development. The first and second floors have historically been used as one large family home and is suitable for this continued use or potential for development into flats (subject to planning permission). There are two external stores on the ground floor of the property and also a large cellar.

Accommodation - The property has the following approximate floor areas measured in accordance with the RICS code of measuring practice on a net internal floor area basis:

Ground Floor - 100.4 sq m (1,081 sq ft)
First Floor - 93.1 sq m (1003 sq ft)
Second Floor - 45.1 sq m (486 sq ft)
Basement - 45.1 sq m (486 sq ft)

Total Floor Area - 283.8 Sq M (3,054 Sq Ft)

All measurements are approximate. Indicative floor plans are overleaf.

Services - We understand that mains water, electricity and drainage are connected to the premises. None of these services, or any other plant and equipment has been tested by Richardson and prospective occupiers must rely on their own investigations as to their existence and condition.

Business Rates - From enquiries made of the Valuation Office website, we understand that the following rating assessment applies for the Ground floor commercial space:-

Rateable Value: £12,500
Interested parties should however rely on their own enquiries as to the amount of rates payable.

From enquiries made of the Government website, we understand that the following rating assessment applies for the residential accommodation :-

Council Tax Band C.

Epc - Commercial - 87 - D
Residential - 20 - G

Terms - The property is available to purchase at a guide price of £650,000.

Vat - We understand that VAT will not be charged on this sale.

Legal Costs - Each party to pay their own legal costs incurred.

Viewing - For an appointment to view or further information please contact -

Andrew Leech t: e:

Katie Mulhern t. e.

Brochures

2 Market Place, Uppingham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oakham Station5.9 miles

About Richardson Surveyors, Stamford

3-4 Sheep Market, Stamford, PE9 2RB

Agency

We are experienced commercial property agents, active throughout Lincolnshire, Leicestershire and Cambridgeshire. We represent a wide variety of vendors with commercial property for sale or to let, including private investors, local and regional businesses, as well as larger property companies and local authorities. We have good knowledge of the local market and provide commercial sales and letting services within all of the main sectors.

Management

We manage everything from single stand-alone units to portfolios owned by institutions and high net worth individuals, we provide a flexible and tailored service for commercial properties throughout Stamford, Peterborough and the wider East Midlands region. Combining our multi-disciplinary strengths and personal approach we offer a comprehensive property management service which includes rent invoicing, collection and electronic account reporting; budgeting, invoicing, collection and administration of service charges; arrears collections; property inspections, health and safety compliance and building maintenance.

We pride ourselves on the timely delivery of a high quality professional service, our understanding of tenant?s property needs and business concerns, ensuring our clients maximise the return from their property asset.

Other professional services we offer include;

- Rent reviews

- Lease Renewals, Surrender and Restructuring

- RICS Red Book Valuations

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34257051. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Richardson Surveyors, Stamford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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