Historic Victoria Hall in Oakham Rutland to Go to Auction with £225,000 Guide Price
One of Rutland’s best-known historic landmarks is set to head to auction this month, following a decision by its trustees that its continued operation as a community venue is no longer financially viable.
One of Rutland’s best-known historic landmarks is set to head to auction this month, following a decision by its trustees that its continued operation as a community venue is no longer financially viable.
Victoria Hall, situated prominently on Oakham’s High Street, will feature as a prime lot in a live-streamed auction conducted by BTG Eddisons Property Auctions on 28–29 October 2026, with a guide price set at £225,000.
The Grade II listed building dates back to the early 19th century when it was originally constructed as the Agricultural Hall, serving as a key meeting point and library for Rutland’s farming community. In 1899, the site was renamed Victoria Hall and became a registered charity.
Featuring a distinctive classical stone facade, the two-storey property extends to approximately 6,652 sq ft.
For generations, it has stood at the heart of town life, serving as a versatile hub for:
Community gatherings and public exhibitions
Craft markets and local trade fairs
Weddings and private celebrations
Fitness classes, dance workshops, and social clubs
The trustees reached the decision to sell following extensive discussions and support with Oakham Town Council regarding the potential relocation of council offices into the building.
Although the hall currently produces a small annual income and remains "in a good state of repair", ongoing operational overheads meant running the building as a community venue was no longer sustainable long term.
"Victoria Hall is an Oakham landmark and has played an important role in the town’s community life for well over a century," said Chris Theocharides, Senior Surveyor at BTG Eddisons Property Auctions.
"It’s certainly an interesting opportunity for a buyer, with scope for a wide range of potential new uses for the property, subject to the necessary planning consents. It helps that this is a really splendid historic building, in a high street location and in a town that’s been judged to be one of Britain’s best places to live by the Sunday Times, so it really does have a lot going for it."
All proceeds from the sale will be re-allocated to selected charities in alignment with the hall’s charitable obligations and governing standards.
Property Address: Victoria Hall, 39 High Street, Oakham, Rutland, LE15 6AH
Guide Price: £225,000
Auction Date: 28–29 October 2026
Auctioneer: BTG Eddisons Property Auctions
Information & Bidding: Interested bidders and prospective buyers can review legal packs, arrange viewings, and register to bid at
Editor’s Note
Following recent reporting by another local news site, suggesting that Oakham Town Council was selling Victoria Hall, it is important to clarify that Oakham Town Council does not own Victoria Hall and was not responsible for the decision to put the property up for auction.
Victoria Hall is managed as an independent private charity trust. The decision to sell was made solely by the Trustees of Victoria Hall, and Oakham Town Council bears no responsibility for the venue's financial decline or subsequent sale.
Over the past three to four years, Oakham Town Council has invested thousands of pounds of public funds into exploring options for the building and helping it to remain open. This included commissioning a detailed building survey report by Graham Cooley (Senior Structural Engineer and Building Surveyor at Gateley Built Environment), who assessed the structural condition, status, and required repair costs associated with a potential council takeover.
Initial survey estimates from that assessment indicated that external works and overall renovations could range from £300,000 to over £400,000. These findings directly contrast with the property sales listing description claiming the hall is currently "in a good state of repair."
For more local news, community updates, and what's on in the area, visit: https://www.oakhamandrutlandnews.com/
Discover Oakham High Street
Including Market Place, Market Street, Church Street, Crown Walk,
John Street, Melton Road and Deans Street and Gaol Street.
Including Market Place, Market Street, Church Street, Crown Walk,
John Street, Melton Road and Deans Street and Gaol Street.
https://www.oakhamandrutlandnews.com/highstreetoakham
Discover Oakham
Discover Oakham Northgate Oakham Rutland
Oakham And Rutland What's On Guide
Rutland Christmas
Oakham and Rutland Sports and Fitness Events News
Stay Connected with LGBTQ+ Gay Oakham Rutland News Events Advice and Support
Road Closures Rutland Highways
Discover Opportunities with
Oakham And Rutland News
Job Vacancies Oakham Rutland
.jpg)
