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Rutland Garden Centre Ashwell Rd 14,921 sq ft Retail Property Oakham LE15 7QN £1,900,000 (£127.34/sq ft)

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Investment Highlights

  • Brick built retail village comprising five units
  • Outdoor display areas and large nicotarp open sided canopies
  • Car park providing approximately 115 car park spaces
  • Ancillary land

Executive Summary

Originally operating as a traditional outdoor garden centre following its opening in 1983, the property has since been reconfigured into a purpose-built garden centre village comprising five buildings arranged around a central courtyard. The buildings provide a total of 1,386 sq m (14,921 sq ft) GIA, including a main garden centre shop, a restaurant with around 140 covers and a first-floor flat, and a range of independent retail and leisure occupiers. The business is open seven days a week, with income currently derived from garden centre sales, restaurant trade, and rental income from six occupied units. Recent reconfiguration works in 2025 improved site efficiency and increased underlying profitability, presenting opportunities for a purchaser to further develop the offering or grow rental income. A significant outdoor sales area of approximately 0.34 hectares (0.85 acres) sits north of the main village, alongside ancillary land to the east and south, which could support additional uses, such as further retail units, children’s day nursery or soft play facilities, parking, or other commercial activities, subject to planning permission. The property benefits from multiple existing planning consents, a premises licence covering films, live music, and alcohol sales, and landscaped customer parking for approximately 115 vehicles.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Garden Centre
Property Size
14,921 sq ft
Costar Property Class
B
Year Built
1980
Price
£1,900,000
Price per sq ft
£127.34
Tenancy
Single
Number of Floors
1
Plot ratio
0.08
Total Plot Size
4.34 ac
Parking
115 Spaces (7.71 Spaces per 1,000 sq ft Leased)
  • Listing ID: 39652202

  • Date on Market: 04/03/2026

  • Last Updated:

  • Address: Ashwell Rd, Oakham LE15 7QN

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