LE9 9JF - High street retail property for sale in 23 Newbold Rd, LE9

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High street retail property for sale in 23 Newbold Rd, LE9

Summary - 23, HIGH STREET LE9 9JF

1 bed 1 bath Retail Property (high street)

- Freehold detached two-storey brick retail unit, approx 10,323 sq ft
- Large plot with small enclosed yard for deliveries
- Suitable for subdivision or residential conversion (planning required)
- Asking price £250,000 reflects refurbishment need
- Fast broadband and excellent mobile signal
- Located in very affluent area; nearby Good-rated schools
- No flood risk; crime levels average
- Current accommodation mainly retail/storage; conversion costs expected
A substantial freehold high-street property offering an unusually large footprint for a small town location. The detached two-storey brick building extends to about 10,323 sq ft and sits on a large plot, giving space for continued retail use, subdivision, or a residential conversion (subject to planning). The location benefits from fast broadband, excellent mobile signal and plentiful local amenities including a Co‑operative food store, post office, pubs and regular bus links.

This is a clear value opportunity for an investor or developer: the asking price of £250,000 reflects the building’s size and the work required. The accommodation currently provides ground-floor retail and storage with additional first-floor storage; a small enclosed yard to the side supports deliveries and service access. The area is very affluent overall, local schools are rated Good, and there is no flood risk.

Key drawbacks are straightforward and factual: the property will need refurbishment and conversion works to change use or upgrade services; planning consent will be required for residential conversion. Crime levels are average for the area. The current record shows one bedroom and one bathroom, which suggests limited existing residential layout if any. Buyers should budget for renovation costs and professional fees before re-letting or repurposing.

For a buyer seeking a high-street asset with major potential in an affluent small‑town market, this building offers scale and flexibility at an entry price that rewards design and planning investment.

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