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Retail/Shop

Retail/Shop For Sale Leicester

PROPERTY ID: 112495

PROPERTY TYPE

Retail/Shop

STATUS

Under Offer

SIZE

5,059 sq.ft

Key Features

Dual frontage onto High Street and Silver Street
Existing income generated with value add potential
Prominent City Centre Location
Draft upper floor residential scheme available (STP)

Property Details

The property occupies a mid terraced central position with dual frontage to both High Street and Silver Street, Leicester City Centre, approximately 200m West of The Clock Tower and 150m from the Southern entrance to the Highcross Shopping Centre. A mix of residential, retail, and office occupiers operate from upper floors nearby, whilst ground floor neighbouring users include HMV, Lloyds Bank, Caffe Nero, KFC and Blacks.

The Property Forms A Part Three Storey, Part Two Storey To Its High Street And Silver Street Elevation Respectively, With Interlinking Flat Roof Section. Briefly, The Property Comprises Two Retail Units At Ground Floor, Incorporating Glazed Shop Fronts, With Offices To The Upper Floors. The High Street Elevation Has Large Glazed Panelling To The Upper Elevation With A Brick Facade To The Silver Street Elevation, Incorporating Timber Framed Sash Windows. The Upper Floors Are Self Contained With Seperate Access, Allowing For The Potential Of Conversion To The Upper Floors (stp). A Scheme Is Currently Prepared To Provide 2x 1 Bedroom And 2x 2 Bedroomed Apartments. Further Details Can Be Provided On Request. 18a High Street Is Currently Occupied As A Nail Salon For A Period To Expire 28th September 2031 At A Passing Rent Of £17,500 Per Annum Exc. A Tenant Only Break Option Applies As At 28th September 2026, With An Upwards Only Rent Review As At The 29th September 2026. The Remainder Of The Property Is Vacant.

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About the Agent

Andrew & Ashwell Ltd

See Agent's Other Properties

Retail Unit

£725,000 Freehold

16 - 18 High Street, Leicester, LE1 5YN
Retail/Shop - Under Offer
5,059 sq ft
470 sqm
Show phone number

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