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Land at 1, 3, 5, 7 & 9 Conduit Street, Leicester, LE2 0JN

Guide Price
£450,000
Kal Sangra Shonki Brothers, Leicester - Auctions
PROPERTY TYPE

Land

SIZE

Ask agent

Key features

  • LAND / RESIDENTIAL & COMMERCIAL DEVELOPMENT
  • GUIDE PRICE: £450,000 - £460,000

Description

For Sale by Public Auction on 22/07/2026

Location:
The site is located just off London Road and on the corner of Glebe Street and is within walking distance of Leicester Train Station, University of Leicester and the city centre.

Description:
A level cleared site with tarmac surface of approximately 0.2 acres currently used as a car park accommodating 20 cars. The site had planning permission for residential development of a 6 storey block of student accommodation providing 62 bedrooms.

Planning:
The site had planning permission for a 6 storey student accommodation scheme comprising 62 bedrooms in cluster apartments.
Planning Permission No. 20161019 dated June 2017, this has lapsed.
Local Authority: Leicester City .

Note
The site is operated under a 2 year management agreement with Euro Car Parks, under which the owner receives 87% of the gross income, currently approximately £25,200 pa before business rates. This agreement can be terminated by issuing a 3 months notice for vacant possession for sale or redevelopment.

Tenure
Freehold, subject to existing management agreement.

Solicitors
Nelsons, Provincial House, 37 New Walk, Leicester LE1 6TY
Tel: ~ Ref: J Coningsby

Brochures

Legal Documents

Land at 1, 3, 5, 7 & 9 Conduit Street, Leicester, LE2 0JN

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leicester Station0.1 miles
  • South Wigston Station3.4 miles
  • Syston Station4.7 miles

About Kal Sangra Shonki Brothers, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

Welcome to the SHONKI BROTHERS ESTATE AGENTS Website

Established in 1966, Shonki Brothers, the first Asian Estate Agents in England, have been providing service to the public for more than 30 years, which from humble beginnings can now claim to offer a service to Vendors and Purchasers which is second to none.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 354450. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kal Sangra Shonki Brothers, Leicester - Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kal Sangra Shonki Brothers, Leicester - Auctions on 0116 216 5653.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”