Restaurants to Rent in Ratcliffe on the Wreake (Leicester)

Restaurants in Ratcliffe on the Wreake available to rent

Restaurants to rent within 10 miles of Ratcliffe on the Wreake (Leicester)

3A-5A Gallowtree Gate

Leicester, LE1 5AD

Retail to Let
£85,000 pa
1,554 sq ft
1 Unit Available Now

Leicester Retail to Rent

The unit occupies one of the most prominent positions within Leicester city centre, fronting Gallowtree Gate and in close proximity to the Clock tower. There is a huge variety of retailers nearby including H Samuel, M & S, Boots, HSBC and Metro Bank along with many fast dining restaurant operators such as McDonalds, Burger King, Five Guys, Tim Hortons and Taco Bell.The premises comprise a ground floor retail Unit with basement, first, second and third floor storage.

Contact:

SPACE - Retail Property Consultants

Date on Market:

12/02/2026

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2 King St

Leicester, LE1 6RH

Retail to Let
£18,000 pa
1,700 sq ft
1 Unit Available Now

Raised Floor
Security System
Restaurant

Leicester Retail to Rent

Situated in a prime Leicester City Centre location, the property enjoys high footfall and excellent passing trade, making it perfect for businesses seeking visibility and accessibility. Positioned within walking distance of Leicester Railway Station, major bus routes, and city centre amenities, it offers strong connectivity and convenience for customers and staff alike. The building features a modern interior finish and is set in a vibrant commercial district surrounded by retail, dining, and leisure destinations. Its central location ensures maximum exposure and business potential.

Contact:

Shonki Brothers Ltd

Date on Market:

13/01/2026

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2 South Para

Melton Mowbray, LE13 0PU

Retail to Let
£25,000 pa
1,094 sq ft
1 Unit Available Now

Air Conditioning
Security System
24 Hour Access
Smoke Detector
Wheelchair Accessible

Melton Mowbray Retail to Rent

The property comprises an original Grade II Listed brick built structure beneath a pitched slate roof constructed in the late 1800s / early 1900s. The ground floor has been modernised to provide a glazed retail façade in front of the original brick building. The premises occupy a prominent position in the prime, pedestrianised retail area within the core of Melton Mowbray’s historic Market Place, having a substantial passing footfall.

Contact:

Geo Hallam & Sons

Date on Market:

13/10/2025

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Frequently Asked Questions About Renting A Restaurant in Ratcliffe on the Wreake

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What should I consider before renting a restaurant?

Consider the location, footfall, nearby competition, size of the premises, kitchen facilities, extraction systems, licensing, business rates, and whether the layout supports your concept. Planning permission and permitted use are also key.

What is the typical lease length for a restaurant?

Most restaurant leases in the UK are between 5 and 15 years, often with a break clause or rent review after a set period. Short-term lets or pop-ups may be available in some areas.

Do I need planning permission to open a restaurant?

Yes, the premises must have the correct planning use class. Restaurants typically fall under Use Class E (formerly A3). If the premises does not have the correct use, you may need to apply for a change of use through the local council.

What licences do I need to operate a restaurant?

You will need a premises licence if you plan to serve alcohol, play music, or trade late. A food business registration with the local authority is also required before opening.

Are business rates included in the rent?

Usually not. Business rates are typically paid separately by the tenant. However, some landlords may offer rent packages that include rates or service charges. Always confirm what's included.

What is key money and is it common?

Key money is an upfront payment for securing a sought-after lease, often in high-demand areas. It can include fixtures, fittings, goodwill, or lease assignment value. It's more common in established restaurant areas like London or city centres.

Can I take over an existing restaurant?

Yes. Many restaurant premises are offered as lease assignments or with existing fit-outs. This can save on setup costs, but make sure to review existing equipment, licences, and obligations under the lease.

What should I check in the lease agreement?

Check repair obligations, permitted use, rent reviews, service charges, signage rights, and whether you can make alterations. Always seek advice from a solicitor familiar with commercial leases.

Can I renovate or fit out the restaurant space?

Generally yes, but you’ll need the landlord’s written consent for significant changes. Some premises come with a ready-to-use fit-out, while others are let as a blank shell.

How much does it cost to rent a restaurant in Ratcliffe on the Wreake?

Rental prices vary by area and size. Prime high street or city centre locations command higher rents, while fringe or suburban areas are more affordable. Additional costs include fit-out, licences, deposits, and business rates.

How do I find a restaurant to rent in Ratcliffe on the Wreake?

Search on LoopNet, and contact agents who specialise in hospitality and leisure property.

Find More Restaurants to Rent in and Near to Ratcliffe on the Wreake (Leicester) on LoopNet

Ratcliffe on the Wreake (Leicester) Restaurant Rental Market Summary

Key rental metrics for Restaurants in Ratcliffe on the Wreake (Leicester) and comparable markets. This snapshot combines rental rates and typical space sizes to provide a comprehensive view of the rental market.

Market	Avg Rent Per Sq Ft	Typical Size
Leicester	£25	1,627 sq ft
Melton Mowbray	£17	1,094 sq ft
Oadby	£8	2,348 sq ft
Eastwell	£9	2,050 sq ft
Nottingham	£17	4,777 sq ft

Rent Analysis for Ratcliffe on the Wreake (Leicester) Area

Compare rental rates per square foot across cities near Ratcliffe on the Wreake (Leicester). These rates help establish market benchmarks and identify opportunities for tenants and landlords in the commercial rental market.

City	Min Rent Per Sq Ft	Avg Rent Per Sq Ft	Max Rent Per Sq Ft
Leicester	£8	£25	£42
Melton Mowbray	£17	£17	£17
Oadby	£8	£8	£8
Eastwell	£9	£9	£9
Nottingham	£10	£17	£25

Available Restaurant Sizes Near Ratcliffe on the Wreake (Leicester)

Overview of Restaurant sizes currently available in the Ratcliffe on the Wreake (Leicester) area. Understanding the typical size range helps narrow your search based on space requirements and operational needs.

City	Smallest Space	Typical Size	Largest Space
Leicester	1,554 sq ft	1,627 sq ft	1,700 sq ft
Melton Mowbray	1,094 sq ft	1,094 sq ft	1,094 sq ft
Oadby	2,348 sq ft	2,348 sq ft	2,348 sq ft
Eastwell	2,050 sq ft	2,050 sq ft	2,050 sq ft
Nottingham	1,550 sq ft	4,777 sq ft	8,751 sq ft

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