Summary - Market Street, Leicester City Centre LE1 6DN
1 bed 1 bath Mixed Use
**Standout Features:**
- Prime location on bustling Market Street, Leicester City Centre
- 3-storey mixed-use property with high foot traffic
- Ground floor retail unit (1,361 SQFT) with basement storage/extra retail space
- 3 fully occupied studio flats on upper floors
- Current rental income: £18,540 PAX; estimated rental value: £37,540 PAX
- Freehold tenure, providing long-term ownership benefits
- Strong potential for future renovations or repurposing
This exceptionally located mixed-use property on Market Street offers an incredible investment opportunity in Leicester City Centre, benefiting from vibrant street life and high footfall. The ground floor retail unit, with an expansive 1,361 SQFT layout and a useful basement, is perfect for a variety of business endeavors. Above, three fully occupied studio flats provide reliable rental income, making this property an attractive proposition for investors looking for a steady return. The bustling eclecticism of the area will appeal to diverse demographics, particularly students and young professionals, enhancing its rental potential.
While the property is in average condition and boasts character, potential buyers should be prepared for some maintenance needs typical of mixed-use buildings. However, the strong estimated rental value indicates substantial income potential, making this a must-consider for savvy investors. With the commercial unit being sold with vacant possession, you have the flexibility to reimagine the space to fit your vision. Act quickly—opportunities like this don’t last long!
Mixed use property for sale in 23-25 Market Street, Leicester, LE1 6DN, LE1 — £525,000 • 1 bed • 1 bath • 3442 ft²
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