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* £475,000 - £500,000
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
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.
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
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.
(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.
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