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23-25 Market St 3,442 sq ft Retail Property Leicester LE1 6DN For Sale
INVESTMENT HIGHLIGHTS
- Fully Let Investment.
- Total Income of £38,750.
- The unit comprises basement, ground, part first, and part second floors, offering a flexible layout with retail, office, and workshop areas.
- 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.
- Located on busy Market Street, a well-regarded retail and leisure destination in Leicester city centre, benefitting from strong footfall.
- George Pragnell Limited is a high-end jeweller with a strong trading history and brand presence, reinforcing the quality of the covenant.
EXECUTIVE SUMMARY
Fully let to Pragnell Jewellery with 5.80 years remaining on the lease, expiring on 20 April 2031, with no break clauses and a rent review on 21st April 2026.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
3,442 sq ft
Costar Property Class
B
Year Built
1924
Tenancy
Single
Number of Floors
4
Frontage
44 ft on Market St
AMENITIES
- Bus Route
- Security System
- Roller Shutters
- Storage Space
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NEARBY MAJOR RETAILERS
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23-25 Market St
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