Commercial Properties For Sale in Leicester City Centre, Leicester
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A 1775-built multi-storey premises occupying a corner position fronting Granby Street and Rutland Street, let to Tesco Stores Limited, trading as Tesco Express. The ground floor offers open-plan retail accommodation of rectangular proportion currently fitted as a convenience store, with rear stores and goods lift providing access to further ancillary and staff facilities within the basement. Loading access is provided by way of a shared yard to the rear of the building, accessed via a gated entrance on Rutland Street. The upper floors comprise of 15 residential flats, the long-leaseholds of which have been sold off individually. Each flat generates a ground rent of £250 Per Annum (totalling £3,750 Per Annum). The ground floor and basement are let to Tesco Stores Limited to March 2039 with Tenant-only break clause as at March 2034, providing an unexpired term of 9 years and total remaining term of 14 years. The premises are let on internal repairing terms at a passing rent of £80,000 Per Annum exc. with upwards-only Rent Reviews as of March 2029 and March 2034. The 15 flats to the upper floors are subject to a ground rent charge of £250 per annum each, equating to £3,750 Per Annum. The total income therefore equates to £83,750 Per Annum exc.
- Single-occupant investment
- Occupied by Tesco since 2008
- Prominent corner position
The property comprises a two-storey industrial unit of traditional masonry construction surmounted by a flat felt roof, occupying a dual-corner position in central Leicester. Personnel access is provided by via the Dryden Street elevation and leads into a modern reception area with offices and meeting room off, in addition to access into the ground floor warehouse area which is made up of rectangular proportions and open-plan in the majority with concrete flooring, fluorescent strip LED lighting, and gas-fired heating, with internal clearance heights measured to 3.3m. Loading access is provided to the northern elevation via separate, mirroring ground and first floor electric roller shutter doors with widths of 3.6m and heights of 3.4m. The first-floor is similar in general accommodation with further modern office accommodation to the front-right side, and open-plan warehouse space to the remainder. In addition to a direct loading door from roadside, the property is fitted with an electric-powered belt conveyor system linking the ground and first floors, offering a convenient and efficient way for product transfer across both levels. A single-storey extension is provided to the rear of the property, providing an additional loading point via a level-access roller shutter door with a width of 2.4m and height of 3.3m. All services are provided to include three-phase electrics, gas, and water. A parcel of land to the north-east is provided in addition, allowing city...
- Central location
- Multiple loading points
- Internal conveyor system
Potential Investment Opportunity or Ideal for an Owner Occupier! Readings Property Group are pleased to bring to market a rare opportunity to purchase a freehold premises in Leicester City Centre. The property has been occupied by a well-established family business established in 1903 and wi...
OFF LICENCE AND CONVENIENCE Colossal city centre footfall location Low overheads, excellent profits Shop and three rental producing flats Excellent weekly takings Weekly turnover £10,000 REF 591094. EPC Band C. Business, Offers Around £125,000 Leicester
The property provides a single storey industrial workshop of steel frame construction beneath a flat felt roof. The unit comprises of 4 vehicle ramps, two large roller shutters, a small office/waiting area, kitchennete and WC accommodation. Externally, there is a large secure tarmaced surface yard.
The premises comprise an end terrace unit within a block of four, all fronting a shared service yard / car park. The premises is of two-storey brick construction beneath a flat asphalt roof, with metal-framed windows, a concrete ground floor, and a suspended timber (board and joist) first floor. Internally, the accommodation is arranged to provide office space over ground and first floors, linked by a wooden staircase. The ground floor also includes welfare facilities and ancillary storage. The premises benefits from carpet floor covering, LED lighting, gas central heating and cassette air conditioning units. Externally, there are three allocated car parking spaces within a communal, brick-surfaced yard accessed from Gower Street.
Sold after auction for an undisclosed amount For Sale by Public Auction on 13/02/2025; Description: A substantial and modern three storey with basement self-contained office building of approximately 16,517 sqft (1,534 sqm). Internally there are open plan offices with kitchen and WC faci...
Available - £975,000 For Sale by Public Auction on 22/04/2026; Description: A substantial four-storey corner office building of approximately 10,202 sqft, comprising a combination of open-plan and private offices, kitchens, two staircases, lift, WCs and air conditioning. There is p...
Prime Commercial Property with Residential Four Flats over, in Leicester Welcome to an exceptional investment opportunity in the vibrant city of Leicester. This mixed-use commercial property is an ideal acquisition for investors seeking a property with both immediate rental income potential a...
SellMyHome are proud to present this FREEHOLD COMMERCIAL PROPERTY on WELLINGTON STREET, LEICESTER, LE1. Location The property is situated in a highly desirable area of Leicester city centre, within close proximity to a wide range of amenities and just a short walk from Leicester Railway Stati...
Nestled in the vibrant heart of Leicester, Newport Place/Northampton Street nearby Granby Street presents an exceptional commercial freehold opportunity. This prime location on Northampton Street is ideally situated in the city centre, making it a highly sought-after spot for businesses looking t...
A single storey roof top air space development opportunity for 2 luxury 2 bedroom penthouse apartments to the front of The Foister Building. Proposed Accommodation for Each Apartment: Entrance hall, large open plan living / kitchen area, 2 double bedrooms one with ensuite, bathroom. GIA: 807...
KCR presents an established takeaway business with approximately 4 years remaining on the lease. Fully fitted commercial premises with a professional kitchen, serving area, storage and WC facilities. An excellent opportunity for an existing operator or new entrepreneur.