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).
- 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
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FREEHOLD PART LET RETAIL & STUDENT LIVING INVESTMENT
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CONSENT TO CONVERT VACANT UPPER PARTS TO 14 DWELLINGS
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PROMINENTLY SITUATED IN THE HEART OF THE CITY CENTRE
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SIGNIFICANT FRONTAGE TO PEDESTRIANISED THOROUGHFARE
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CURRENTLY PRODUCING £203,456 PER ANNUM
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SCOPE TO RE-PURPOSE AND EXTRACT ADDITIONAL VALUE
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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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