Summary - 1 Depot Cottage, Ashwell Road LE15 7QJ
1 bed 1 bath Land
Large brownfield site with workshops and redevelopment potential close to Oakham.
- Circa 2 acres of mainly brownfield land with woodland screening
- 4 workshops (c.2,500 sq ft) and office block (c.2,700 sq ft)
- Semi‑detached former house with c.0.17 acre garden
- Two workshop units currently occupied; remainder vacant
- Site partly in Flood Zone 3; Langham Brook has caused flooding
- Drainage to onsite septic tank; no mains gas connection
- Overage applies to any residential change of use
- Unconditional offers only; purchaser pays £2,000 + VAT contribution
A circa 2‑acre established business park 2 miles north of Oakham, offered freehold with existing commercial buildings and a central woodland. The site includes four workshop units (circa 2,500 sq ft total), a single‑storey office block arranged as seven units (circa 2,700 sq ft) and a semi‑detached former house with c.0.17 acre garden. Two industrial units are currently occupied; the rest of the buildings are vacant and ready for immediate light industrial or office use.
Practical strengths include mains electricity and water on site, a large compacted car park and screened boundaries providing privacy. The mixed accommodation and substantial yard give immediate income potential or flexible space for owner‑occupation, storage, vehicle parking or consolidation of operations. The woodland and tree lines add rural character and screening from the adjacent road.
Important constraints are factual: parts of the site lie within Flood Zone 3 and Langham Brook has caused flooding historically, so any redevelopment must account for raised floor levels and flood risk. Drainage is to an on‑site septic tank (serving an adjoining property) and there is currently no mains gas connection to the site. An overage agreement will be required for future residential change of use. Offers are invited on an unconditional basis; buyers must contribute £2,000 + VAT towards vendor legal fees and any offer requires council committee approval.
This opportunity suits an investor or owner‑operator seeking a large, well‑located brownfield site with immediate commercial use and redevelopment potential subject to planning and flood mitigation. The asking point is offers over £600,000 freehold; purchasers should budget for building refurbishment, site clearance and planning/risk surveys before change of use.
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