45/47/49 Market Street Leicester Leicestershire LE1 6DN

45/47/49 Market Street
Leicester
Leicestershire
LE1 6DN

Freehold Retail Parade Investment

Comprises 3 Shops and substantial upper floors
Tenants include Caffe Nero and Headcase Barbershop
Upper parts may be suitable for residential conversion in the medium term, subject to consents
Prominent and pedestrianised city centre location
Within walking distance to Leicester Railway Station
Nearby occupiers include McDonalds, Tesco Express, Pragnell Jewellery and a mix of bars, restaurants and Hotels

Lot
45
Auction
30th October 2025
Rent
£42,500 per Annum Exclusive
Status
Available
Guide*
Contact Us
Auction Venue
Live Streamed Auction

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Freehold Retail Parade Investment

Comprises 3 Shops and substantial upper floors
Tenants include Caffe Nero and Headcase Barbershop
Upper parts may be suitable for residential conversion in the medium term, subject to consents
Prominent and pedestrianised city centre location
Within walking distance to Leicester Railway Station
Nearby occupiers include McDonalds, Tesco Express, Pragnell Jewellery and a mix of bars, restaurants and Hotels

Lot 45
Auction 30th October 2025
Rent £42,500 per Annum Exclusive
Status Available
Guide* Contact Us
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 25 miles south of Nottingham, 38 miles north-east of Birmingham
Roads: M1, M69, A6, A50, A47
Rail: Leicester Railway Station (1 hour 8 mins to London St Pancras International)
Air: Nottingham East Midlands Airport

Situation

The property is prominently located on the junction of Belvoir Street and Market Street, a popular pedestrianised thoroughfare in Leicester City Centre. Nearby occupiers include McDonalds, Tesco Express, Pragnell Jewellery and a mix of bars, restaurants and Hotels.

Tenure

Freehold.

Location

Miles: 25 miles south of Nottingham, 38 miles north-east of Birmingham
Roads: M1, M69, A6, A50, A47
Rail: Leicester Railway Station (1 hour 8 mins to London St Pancras International)
Air: Nottingham East Midlands Airport

Situation

Tenure

Freehold.

Description

The property comprises 3 adjoining ground floor retail units with ancillary accommodation on the basement, first, second and third floors. The property occupies a prominent corner location with a return frontage that extends partially along both adjoining streets.

The Seller is currently undertaking minor roof repairs, for which the Scaffolding will be removed prior to the auction.

VAT

VAT is applicable to this lot.

Note

41 Market Street, trading as Pepé’s, is being offered for sale separately as Lot 45.

EPC

Unit 47 = B, Unit 49 = E, Unit 45 = D.

Description

VAT

VAT is applicable to this lot.

Note

41 Market Street, trading as Pepé’s, is being offered for sale separately as Lot 45.

EPC

Unit 47 = B, Unit 49 = E, Unit 45 = D.

Tenancy & Accommodation

Address	Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
49 Market Street	Ground	Retail	48.80	(525)	VALANDS LIMITED (CRN: 11439980) t/a Headcase Barbers (1)	10 years from 30/08/2018	£17,500
47 Market Street 47 45/47/49 45/47/49 45/47/49	Ground Basement First Second Third	Retail Ancillary Retail/Office Ancillary Ancillary	55.60 113.20 101.40 60.60 52.80	(598) (1,218) (1,091) (652) (568)	NERO HOLDINGS LIMITED (CRN: 03288178) t/a Cafe Nero (2)	10 years from 17/06/2016	Greater of £25,000 pax
45 Market Street	Ground	Retail	28.60	(307)	VACANT POSSESSION	-	-
Total Approximate Floor Area			461.00	(4,959)			£42,500

(1) Headcase Barbers was founded in 2000 and operate from 19 locations across the UK (www.headcase-barbers.com).
(2) For the year ending 31/05/2024 Nero Holdings Limited reported a Turnover of £333,295,000, a Pre-Tax Profit of £22,576,000 and a Shareholders Funds of £370,434,000 (www.NorthRow).
N.B. The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.