33-49 Market Street & 1-3 Welford Place, Leicester LE1

For Sale

Commercial Development, Development, Leicester, LE1


33-49 Market Street & 1-3 Welford Place
Leicester LE1

Freehold part let retail and student living investment opportunity. Planning consent to convert vacant upper parts to provide 14 dwellings. Prominently situated in the heart of Leicester, a top 10 UK city. Significant frontage to popular and busy pedestrianised thoroughfare. 31,580 sq ft (2,934 sq m) GIA of existing city centre accommodation. Currently producing a total rent of £203,456 per annum. Scope to re-purpose and extract additional value. Offers invited for consideration (guide price upon application).


33-49 Market Street & 1-3 Welford Place, Leicester LE1
  • Ref: 2059574
  • Tenure: Freehold
  • Types: Commercial Development, Development, Mixed Use Investment, Office, Residential Investment, Residential Development, Retail, Student Accommodation
  • Size: 31,580 sq ft (2,934 sq m)

Key Features

  • FREEHOLD PART LET RETAIL & STUDENT LIVING INVESTMENT

  • CONSENT TO CONVERT VACANT UPPER PARTS TO 14 DWELLINGS

  • PROMINENTLY SITUATED IN THE HEART OF THE CITY CENTRE

  • SIGNIFICANT FRONTAGE TO PEDESTRIANISED THOROUGHFARE

  • CURRENTLY PRODUCING £203,456 PER ANNUM

  • SCOPE TO RE-PURPOSE AND EXTRACT ADDITIONAL VALUE

  • OFFERS INVITED FOR CONSIDERATION

Location

33-49 Market Street & 1-3 Welford Place, Leicester LE1

The property is prominently situated on the western side of Market Street and northern side of Welford Place within the city centre. Market Street is a popular and busy pedestrianised thoroughfare leading north into the heart of the city centre. Leicester Railway Station is situated approximately 750 metres to the southeast, approximately a 10 minute walk.

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