Commercial Property in LE1 available for sale
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Commercial Properties for Sale in LE1, Leicester

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Find commerical property for sale in LE1 that meets your business or investment goals

More details for 32-38 Market Pl, Leicester - Retail for Sale

Odeon Arcade - 32-38 Market Pl

Leicester, LE1 5HJ

  • Retail for Sale
  • £2,000,000
  • 24,504 sq ft
  • Energy Performance: D
  • Security System

Leicester Retail for Sale

This is a freehold mixed-use redevelopment opportunity in Leicester city centre, with planning for 13 retail units and 35 apartments. Offers are sought in excess of £2 million, subject to contract and exclusive of VAT. Odeon Arcade represents a rare opportunity to acquire a prominent freehold, residential-led mixed-use development opportunity in the heart of Leicester. The property is strategically located between Market Place and Cank Street, overlooking the historic Leicester Market Place and near the core city centre shopping district. It occupies a highly visible location within Leicester’s Market Place Conservation Area and features a distinctive retained frontage. Full planning permission has been granted by Leicester City Council for the demolition of the existing cinema building and redevelopment to create a new mixed-use scheme comprising 13 ground-floor retail arcade units and 35 self-contained apartments above.

Contact:

JBrown International

Property Subtype:

Shopfront Retail / Residential

Date on Market:

11/05/2026
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More details for 60 Charles St, Leicester - Office for Sale

60 Charles St

Leicester, LE1 1FB

  • Office for Sale
  • £3,000,000
  • 47,560 sq ft
  • Air Conditioning
  • Natural Light
  • Suspended Ceilings
  • Concierge
  • 24 Hour Access
  • DDA Compliant
  • Reception

Leicester Office for Sale

Investment Consideration: Rental Income: £314,213 p.a. Total ERV: £515,000 p.a. GIY: 17.17% VAT is applicable to this property Comprises 13-storey office building with 2 retail shops at ground floor t/a offices Refurbished in 2019, with some floors subdivided into individual office suites Communications are excellent with the M1 and M69 motorways to the south-west, rail services to London St Pancras (1hr), and East Midlands Airport 15 miles to the north-west Located in the popular St George’s cultural quarter, with Tesco opposite and M&S, Primark, Ramada Encore Hotel and Matalan Both Highcross and Haymarket shopping centres less than a five-minute walk. Property Description: The property comprises an office building providing accommodation from the ground floor through to the thirteenth floor. The ground floor provides 2 retail units (E) currently t/a Offices taking advantage of the prominent trading position. Services and plant are installed within the basement area, and on the two flat roof areas. The accommodation was extensively refurbished in 2019, with the exception of the 10th floor, and is arranged to provide a mix of open plan and cellular office accommodation. All floors are served by two high speed 9-person passenger lifts, as well as WC facilities. The specification otherwise includes a commissionaire served entrance hall, air conditioning, gas fired central heating, carpeted floors, suspended grid ceilings with inset lighting, security CCTV, and covered parking for 9 vehicles accessed from Yeoman Lane. Total NIA: 4,418.43 sq m (47,560 sq ft) Development Potential: Planning previously granted in November 2022 (now lapsed) for a change of use from offices to 72 residential apartments (C3), providing the following accommodation and dimensions: First-Fourth Floor: 6 x 1-Bed & 3 x 2-Bed per each floor Fifth-Thirteenth Floor: 3 x 1-Bed & 1 x 2-Bed per each floor Total: 51 x 1-Bed and 21 x 2-Bed Apartments Further development potential for roof extension of the east-wing, as well as potential to convert into student accommodation (architects suggest potential for over 80 units). For more information, please visit Leicester Planning Portal: https://planning.leicester.gov.uk/ Planning Ref: 20211604 Appeal Ref: 20218078A Location: Leicester is one of the major centres in the East Midlands with a population of circa 368,000. Communications are excellent with the M1 and M69 motorways to the south-west, rail services to London (St Pancras) in 1 hour 3 minutes, and East Midlands Airport 15 miles to the north-west. Located in the popular St George’s cultural quarter, with Tesco opposite and M&S, Primark, Ramada Encore Hotel, and Matalan less than 100m away on Humberstone Gate, with both Highcross and Haymarket shopping centres less than a five-minute walk.

Contact:

Blue Alpine Partners Ltd

Date on Market:

31/03/2026
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More details for 10 Friar Ln, Leicester - Retail for Sale

10 Friar Ln

Leicester, LE1 5RA

  • Retail for Sale
  • £250,000
  • 4,393 sq ft

Leicester Retail for Sale

Discover a remarkable commercial opportunity in the heart of Leicester's vibrant city centre. This leasehold property on Friar Lane, previously a successful restaurant, is perfectly positioned to elevate your business aspirations. Located on a prominent corner, it offers high visibility and excellent foot traffic, ideal for businesses looking to thrive in a bustling area known for its popular bars and restaurants offered to market for sale through the Modern <br/>Method of Auction which is operated by iamsold Limited. <br/> <br/> <br/>The property features a flexible layout with a welcoming entrance that opens into a spacious, open-plan area, ready to be tailored to your business needs. Two staircases lead to the lower level, which includes well-appointed offices, W/C facilities, a convenient storage room, and a functional kitchen. This design provides ample room for customer-facing operations as well as private administrative areas. <br/> <br/>With an impressive 992 years remaining on the lease, this property ensures long-term security. Service charges, covering communal maintenance, are available on request, and VAT will apply to the final sale price. <br/> <br/>This is a rare chance to establish your business in one of Leicester’s most dynamic commercial hubs. <br/> <br/>Auctioneer Comments <br/>This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation <br/>Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). <br/>If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information <br/>Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent <br/>information on the Buyer Information Pack fee, please contact the iamsold team. <br/>The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase <br/>price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the <br/>Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. <br/>Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service <br/> <br/>EPC Rating B <br/> <br/>Viewings are highly advised and are available by pre-arranged appointment only. Contact Home Property Sales & Lettings today to book your viewing.

Contact:

Home Property Sales

Property Subtype:

Shopfront Retail / Residential

Date on Market:

25/07/2025
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More details for Charter St, Leicester - Industrial for Sale

Kapital Buildings - Charter St

Leicester, LE1 3UD

  • Industrial for Sale
  • £5,000,000
  • 92,838 sq ft
  • Security System

Leicester Industrial for Sale

The property is located in Leicester City Centre occupying a prominent corner site at the junction of Charter Street and Gas Street, directly opposite the Burleys Flyover (A607). The property forms part of a ribbon of commercial development running the length of Vaughan Way / Burley Way (A607) close to its junction with St Margarets Way and directly opposite Abbey Park. FOR SALE - Multi Let Industrial Opportunity The property is of a circa 1980’s four storey cast-in situ reinforced concrete frame with waffle floor construction and faced in brickwork. The ground floor is solid brickwork up to approximately 2.1m with a continuous band of glazing which finishes to the underside of the first floor construction. The first and second floor are almost entirely clad in brickwork except for a series of vertical metal framed windows. These vertical windows at the third and fourth floors project forward of the main elevation. This allows the vertical emphasis to be expressed through two bands of windows which run along both Charter Street and Gas Street elevations. The property benefits from level access loading doors off Charter Street and gated access to a rear off street parking area. Internally, the accommodation is configured to provide generally uninterrupted open plan accommodation, predominantly fitted out by the tenants and serviced by two goods lifts. Opportunity to acquire a re-positioning opportunity occupying a prominent in Leicester City Centre Leicester is the second largest city in the East Midlands and the principal commercial centre in Leicestershire Prominent position directly opposite the A607 / Burleys Flyover, the gateway into the City Centre The property comprises a substantial multi-let industrial building, extending in total to 92,838 sq ft (8,625 sq m) Site area extending to 1.029 acres (0.416 hectares), together with car parking spaces Offering a unique City Centre development opportunity in the future, subject to planning permission Multi-let on short term tenancy agreements producing a total £469,564 per annum (only £5.00 per sq ft) Freehold

Contact:

Savills

Property Subtype:

Warehouse

Date on Market:

09/05/2025
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More details for 1 Newport Pl, Leicester - Retail for Sale

1 Newport Pl

Leicester, LE1 1DN

  • Retail for Sale
  • £180,000
  • 696 sq ft
  • Security System

Leicester Retail for Sale

Nestled in the vibrant heart of Leicester, Newport Place/Northampton Street nearby Granby Street presents an exceptional commercial freehold opportunity. This prime location on Northampton Street is ideally situated in the city centre, making it a highly sought-after spot for businesses looking to thrive or invest in prime property. Currently, the property is occupied by a well-established restaurant, which comes complete with an alcohol license, adding significant value to this investment. With an annual rent of £10,500, this property represents a lucrative investment opportunity for those looking to expand their property portfolio. The bustling city centre location guarantees high foot traffic, making it an attractive proposition for any potential buyer or investor. This is a rare chance to acquire a commercial property in a prime location, with the added benefit of an existing tenant. For further details and to explore this opportunity, please do not hesitate to contact Set To Let Estate Agents.

Contact:

Set To Let

Property Subtype:

Shopfront Retail / Residential

Date on Market:

27/03/2025
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More details for 32 Millstone Ln, Leicester - Office for Sale

32 Millstone Ln

Leicester, LE1 5JN

  • Office for Sale
  • £750,000
  • 6,360 sq ft
  • Security System
  • 24 Hour Access
  • Controlled Access

Leicester Office for Sale

A substantial freehold mixed-use property in a prominent Leicester City Centre location, close to De Montfort University, Leicester University and Leicester Royal Infirmary. The lower ground and ground floors are let as a bar producing £24,000 per annum, with the first and second floors offered with vacant possession. The upper floors provide open-plan accommodation with potential for residential conversion, subject to planning. The property also benefits from separate access to the upper floors and on-site car parking, making it an attractive investment and development opportunity.

Contact:

Shonki Brothers Ltd

Date on Market:

27/05/2026
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More details for Market/Bowling Green Street – Retail for Sale, Leicester

Market/Bowling Green Street

  • Mixed Types for Sale
  • £1,950,000
  • 4 Properties | Mixed Types

Leicester Portfolio of properties for Sale

Fronting Market Street, the building comprises two retail units; 24A benefitting from tradeable ground and basement floor plates and 26 (unoccupied but let) comprising ground, first and second floor. The Bowling Green Street frontage has comprises two retail units and a self-contained office entrance leading to four floors of offices above.

Contact:

SPACE - Retail Property Consultants

Property Subtype:

Mixed Types

Date on Market:

16/11/2023
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More details for 49 Oxford St, Leicester - Office for Sale

49 Oxford St

Leicester, LE1 5XY

  • Office for Sale
  • Price Upon Request
  • 49,098 sq ft
  • Air Conditioning
  • Controlled Access
  • Reception

Leicester Office for Sale

Leicester City Council are offering the following opportunity to purchase the freehold interest of Innovation Centre, 49 Oxford Street. The Innovation Centre is a dynamic and purpose-designed environment where individuals, start-ups, and established organisations are encouraged to explore new ideas, collaborate, and grow their ventures. Centrally located in the heart of Leicester, the Innovation Centre benefits from excellent transport links, offering easy access to major road networks, public transport, and key city amenities.

Contact:

Leicester City Council

Date on Market:

06/03/2026
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LoopNet UK Leicestershire Leicester Commercial Properties For Sale in LE1, Leicester, UK

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FAQs About Commercial Property For Sale in LE1

See All Properties For Sale
How many commercial properties are currently available for sale in LE1?
There are currently 10 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in LE1?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the LE1, Leicester

You searched for commercial property for sale in LE1. Explore 10 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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