Summary - St. Andrews House, Princess Road East, Leicester, LE1 7DR LE1 7DR
1 bed 1 bath Office
Prime redevelopment or income opportunity near transport links and city amenities.
- 24,050 sq ft of mainly open-plan accommodation across four floors
- Passenger lift serving every floor; good internal specification throughout
- Sub‑ground level with 11 marked off‑street parking spaces
- Prominent frontage on Princess Road East in New Walk Conservation area
- Short walk to Leicester Train Station and wide city‑centre amenities
- Alternative use potential subject to planning; redevelopment opportunity
- Area: student‑dominated neighbourhood, very deprived — consider letting risk
- Above‑average crime statistics; tenure currently unknown
A substantial four-storey office building offering 24,050 sq ft of mainly open-plan workspace across wide floorplates. The property sits on Princess Road East within the New Walk Conservation area, a short walk from Leicester Train Station and city-centre amenities, with good road links to the A6 and inner ring road. Specification is good throughout: suspended ceilings, LED lighting with PIR sensors, gas central heating, carpets, floor access points and a passenger lift to all floors.
The sub‑ground level provides marked parking for 11 cars and storage, a notable asset in this central location. The building’s concrete framework, brick and glazed elevations and aluminium windows suggest a robust structure and clear potential for refurbishment or repositioning. Alternative uses may be possible subject to planning, offering scope for redevelopment or conversion in a city-centre, student‑dominated neighbourhood.
Material considerations are straightforward: tenure is unknown and the area records above‑average crime and very high deprivation, factors buyers must weigh for leasing strategy or redevelopment. The property is marketed as a large-scale opportunity suitable for investors or developers prepared to address local market conditions and seek planning where necessary.
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