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Assumption Square is located in the center of the city in front of the entrance to the Uglich Kremlin. For several centuries it was called the Trading Square and skirted the Kremlin in a semicircle from the Stone Stream, where Victory Park is now located, to the Kazan Church. The size of the modern Assumption Square is significantly smaller. 

The ancient Trading Square was divided into 4 parts and each of them had its own church. The Assumption and Kazan churches were located in front of the Kremlin, and the Ascension and Filipovskaya churches were located to the north, closer to Victory Park.  

In 1921, a huge fire occurred on the Trading Square, which destroyed most of the shopping malls and buildings. The stone churches withstood the fire, but the Soviet authorities decided to demolish the churches. They preserved only the high Kazan Church, which in the 1930s was used as a water tower during the construction of the Uglich HPS

The Assumption Church was located in front of the entrance to the Kremlin, where the Assumption Square is now located. It has become the main square of the city, where the main roads converge in the city center.  

In the center of the Assumption Square, the building of the 19th century Shopping Malls has been preserved. Opposite is a two-story building of merchant Evreinov, who was elected mayor several times and took an active part in the opening of the Museum of Antiquities of Uglich. Now this building houses the City Hall of Uglich, as well as the City parliament. 

There are three museums on Assumption Square, which are located in houses near Victory Park. Here you can visit the Museum of the History of Russian Vodka, the Gallery of Orthodox Art and the Museum of Urban Life of the 19th century.