St Nicholas House 51/55 Vaughan Way Leicester Leicestershire LE1 4NR

  • St Nicholas House<br>51/55 Vaughan Way<br>Leicester<br>Leicestershire<br>LE1 4NR

St Nicholas House
51/55 Vaughan Way
Leicester
Leicestershire
LE1 4NR

Freehold Commercial & Residential Development Opportunity

  • Comprises a substantial three storey building with separately accessed rear car park for approx. 15 cars
  • Positive pre-application for redevelopment for housing (see planning)
  • Site area of approximately 0.13 Ha (0.32 Acres)
  • Prominent town centre location with excellent communication links
  • Opposite to Highcross Shopping Centre
  • VAT not applicable
  • Lot
    14
  • Auction
    17th September 2026
  • Vacant Possession
  • Status
    Available
  • Guide*
    £900,000
  • Auction Venue
    Live Streamed Auction
  • On the Instructions of Dignity Funeral Directors
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Freehold Commercial & Residential Development Opportunity

  • Comprises a substantial three storey building with separately accessed rear car park for approx. 15 cars
  • Positive pre-application for redevelopment for housing (see planning)
  • Site area of approximately 0.13 Ha (0.32 Acres)
  • Prominent town centre location with excellent communication links
  • Opposite to Highcross Shopping Centre
  • VAT not applicable
  • Lot 14
  • Auction 17th September 2026
  • Vacant Possession
  • Status Available
  • Guide* £900,000
  • Sector
    High Street Retail, Development
  • Auction Venue
    Live Streamed Auction
  • On the Instructions of Dignity Funeral Directors

Property Information

Location
Miles
45 miles north-east of Birmingham, 28 miles south of Nottingham, 24 miles north-east of Coventry
Roads
A594, A6, A47, A50, A563, M1 (J21 & J22)
Rail
Leicester Railway Station (direct services to London St. Pancras in approx. 1 hour)
Air
East Midlands Airport
Situation

The property is prominently situated on the west side of Vaughan Way (A594), directly opposite Highcross Shopping Centre and adjacent to No.1 Great Central Square. The property also benefits from being within walking distance to Leicester Railway Station. Nearby occupiers include, Cosy Club, John Lewis, Screwfix and a a range of independent businesses.

Tenure

Freehold.

Location
Miles
45 miles north-east of Birmingham, 28 miles south of Nottingham, 24 miles north-east of Coventry
Roads
A594, A6, A47, A50, A563, M1 (J21 & J22)
Rail
Leicester Railway Station (direct services to London St. Pancras in approx. 1 hour)
Air
East Midlands Airport
Situation

The property is prominently situated on the west side of Vaughan Way (A594), directly opposite Highcross Shopping Centre and adjacent to No.1 Great Central Square. The property also benefits from being within walking distance to Leicester Railway Station. Nearby occupiers include, Cosy Club, John Lewis, Screwfix and a a range of independent businesses.

Tenure

Freehold.

Description

The property comprises a substantial three storey building with a former funeral parlour arranged over the ground floor and ancillary accommodation in the basement and on the first and second floors. The property also benefits from a rear car park for approximately 15 cars, which is accessed from Friars Causeway.

The property extends to a total approximate floor area of 1,327.60 sq m (14,290 sq ft) on a site of approximately 0.13 Ha (0.32 Acres).

VAT

VAT is not applicable to this lot.

Planning

An initial pre-application enquiry received a positive in-principle response from the Council regarding demolition and redevelopment for housing, subject to further pre-application or full planning submission. (See legal pack). All enquiries should be made to Leicester City Council (https://www.leicestershire.gov.uk/find-your-district-council) council).

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial three storey building with a former funeral parlour arranged over the ground floor and ancillary accommodation in the basement and on the first and second floors. The property also benefits from a rear car park for approximately 15 cars, which is accessed from Friars Causeway.

The property extends to a total approximate floor area of 1,327.60 sq m (14,290 sq ft) on a site of approximately 0.13 Ha (0.32 Acres).

VAT

VAT is not applicable to this lot.

Planning

An initial pre-application enquiry received a positive in-principle response from the Council regarding demolition and redevelopment for housing, subject to further pre-application or full planning submission. (See legal pack). All enquiries should be made to Leicester City Council (https://www.leicestershire.gov.uk/find-your-district-council) council).

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)
Floor Areas
Approx sq ft (1)
Possession
Basement
Ground
First
Second
Ancillary
Commercial
Office
Office
189.10
607.10
421.10
110.30
(2,035)
(6,535)
(4,533)
(1,187)
VACANT
Total  
1327.60
(14,290)
 

NB: Please note that there is a restriction on funeral use for this property - please see the legal pack for details.
(1) 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.

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Anjali SawaliAnjali Sawali +44 (0)20 7034 4854 +44 (0)7854 316 621anjali.sawali@acuitus.co.uk
Seller's Solicitors
Blacks Solicitors LLP 29 King Street
Leeds
LS1 2HL
Matthew Hutchinson 0113 227 9339MHutchinson@LawBlacks.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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