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33-49 Market St

31,580 SF 100% Leased Retail Building Leicester LE1 6DN For Sale

Investment Highlights

  • Freehold part let retail and student living investment
  • Significant frontage to popular and busy pedestrianised thoroughfare
  • Planning consent to convert vacant upper parts to provide 14 dwellings

Executive Summary

33-49 Market Place & 1 Welford Place is an attractive four storey building designed by Isaac Barradale (1845-1892), one of Leicester’s most distinguished architects. The property is currently arranged as eight self-contained retail units and one selfcontained office over basement, ground, first, second and third floors.3 Welford Place comprises a five storey mid terrace property currently arranged as a self-contained retail unit at ground and basement levels and 14 self-contained student apartments (known as 3a Welford Place) over first, second, third and fourth floors.
CURRENTLY PRODUCING A TOTAL RENT OF £203,456 PER ANNUM

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
31,580 SF
Building Class
B
Year Built
1890
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Building FAR
3.06
Land Acres
0.24 AC
Frontage
25 ft on Market St

Amenities

  • Bus Route
  • Storage Space

Nearby Major Retailers

Barclays
Esquires
Caffè Nero
Yorkshire Bank
Lloyds Bank
YMCA
Sainsbury's
SPAR
chaiiwala
Las Iguanas
  • Listing ID: 33360482

  • Date on Market: 01/10/2024

  • Last Updated:

  • Address: 33-49 Market St, Leicester LE1 6DN

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