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15-17 Gallowtree Gate 2,917 sq ft Retail Property Leicester LE1 5AD £900,000 (£308.54/sq ft)

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Investment Highlights

  • Let to Greggs PLC by way of a reversionary lease expiring 05/07/2037
  • Total accommodation of approx. 261.56 sqm (2,815 sq ft)
  • Occupiers close by include McDonald's, Tim Hortons, Pret A Manager, Taco Bell, HSBC and Three
  • Comprising a ground floor retail unit with first and second floor ancillary accommodation
  • Well located within the City Centre, 700m from Leicester Rail Station
  • VAT is applicable

Executive Summary

Lot 44 is available for sale at an Allsop online auction to be held on Wednesday 11th of February 2026.
The property comprises a freehold investment opportunity for sale.
The asking price is £900,000-£950,000, representing a gross initial yield of 8.33%.

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,917 sq ft
Costar Property Class
B
Year Built
1923
Price
£900,000
Price per sq ft
£308.54
Tenancy
Single
Number of Floors
3
Frontage
34 ft on Gallowtree Gate

Amenities

  • Bus Route
  • Storage Space

Nearby Major Retailers

The Gym Group
Veeno
Tim Hortons
Starbucks
Costa Coffee
SOHO Coffee Co.
Iceland
HSBC BANK PLC
Virgin Money
Lloyds TSB Bank
  • Listing ID: 39265498

  • Date on Market: 30/01/2026

  • Last Updated:

  • Address: 15-17 Gallowtree Gate, Leicester LE1 5AD

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