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Investment for sale

23-25 Market Street, Leicester, LE1 6DN
Contact Agent
Call Agent 024 7630 8902
Bromwich Hardy Coventry
Marketed by
Bromwich Hardy Coventry
The Cobalt Centre, 14 Siskin Pkwy E, Coventry CV3 4PE, UK
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23-25 Market Street, Leicester, LE1 6DN
23-25 Market Street, Leicester, LE1 6DN
23-25 Market Street, Leicester, LE1 6DN
23-25 Market Street, Leicester, LE1 6DN
23-25 Market Street, Leicester, LE1 6DN
23-25 Market Street, Leicester, LE1 6DN
23-25 Market Street, Leicester, LE1 6DN
23-25 Market Street, Leicester, LE1 6DN
23-25 Market Street, Leicester, LE1 6DN
23-25 Market Street, Leicester, LE1 6DN
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23-25 Market Street, Leicester, LE1 6DN

3442 sq. ft (319.77 m²)

Contact Agent Call Agent 024 7630 8902

Key features

  • Approximately 5.80 years remaining on the lease, expiring on 20 April 2031, with no break clauses and a rent review on 21st April 2026.
  • Total Income of £38,750
  • Located on busy Market Street, a well-regarded retail and leisure destination in Leicester city centre, benefitting from strong footfall.
  • The unit comprises basement, ground, part first, and part second floors, offering a flexible layout with retail, office, and workshop areas.
  • George Pragnell Limited is a high-end jeweller with a strong trading history and brand presence, reinforcing the quality of the covenant.

Description

The property comprises a substantial mid-terrace retail building arranged over basement, ground, part first and part second floors, providing a well-configured retail unit with ancillary workshop, office, and storage accommodation. The premises benefit from an attractive glazed shopfront, prominent signage, and good internal ceiling heights throughout the retail area. The property is let in its entirety to George Pragnell Limited, a respected jeweller, trading from this location under a high-quality fit-out. There are also four flats that form part of the property and have been sold off on long leasehold, generating a combined income of a £1,000 per annum.
Unit Name: g | 2108 sqft |
Unit Name: basement | 306 sqft |
Unit Name: 1st | 400 sqft |
Unit Name: 2nd | 628 sqft |
Reference: 304718_sales
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Bromwich Hardy Coventry
Marketed by
Bromwich Hardy Coventry
The Cobalt Centre, 14 Siskin Pkwy E, Coventry CV3 4PE, UK
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