Grocery & Local Shops for sale in LE4, Leicester

Commercial Property in LE4 available for sale

Grocery & Local Shops for Sale Within 5 miles of the LE4, Leicester

Sandhills Ave

Leicester, LE5 1QN

Retail for Sale
£750,000
5,270 sq ft
1 Unit Available

Energy Performance: E

Leicester Build-to-Rent for Sale

Long Leasehold for a term of 999 years (virtual freehold) with a term of 983 years unexpired. The property is let to Shining Stars Day Nursery Limited (11243477) on an effective fully repairing and insuring lease for a term of 15 years (unbroken) from 23rd July 2019. The passing rental is £57,857.14 per annum exclusive, though subject to an RPI index linked rent review capped at 4% on 23rd July 2029. We are seeking offers in excess of £750,000 (Seven Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a gross yield of 7.71% and a net initial yield of 7.36% after the purchaser’s costs.

Contact:

Budworth Hardcastle Ltd

Property Subtype:

Apartment

Date on Market:

19/12/2025

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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.