One bank closes as another opens in Oakham

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43 High Street in Oakham has been let by FHP’s Retail and Leisure team to the Banking Hub, which allows banking face to face, whoever your bank is, at a time when many branches are closing.

The circa 2,150 sq ft unit was snapped up by the Banking Hub as part of their nationwide roll-out.

Ellis Cullen of FHP said: “Whilst this was a drawn-out process, and demand for the unit in the affluent market town of Oakham was strong, the Banking Hub makes a fantastic addition to the High Street, particularly as the unit was a former Lloyd’s bank.

“There has been great anticipation for a hub to be established so I am pleased to have been involved in the letting.”

With the success of another bank being established, FHP also assisted with the surrender of the existing lease of 8-10 High Street in Oakham, previously let to Barclays Bank Plc. FHP are sub-agents of JLL retained to assist with the Barclays portfolio to dispose of lease liabilities around the East Midlands, Lincolnshire, and Peterborough.

Ellis continued: “As a consequence of the levels of interest, I was able to secure a rent above the quoting, on a new 10

 link source - East Midlands Business Link - Property

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