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Large Freehold Shop Investment

Poundland, 41/41a and 43 Gallowtree Gate, and 53 & 55 Market Place, Leicester, Leicestershire, LE1 5AD

£800,000
Commercial
About this Property
2025-05-01
800000
Traditional
Commercial
Description

Large freehold shop investment located at Poundland, 41/41a and 43 Gallowtree Gate, and 53 & 55 Market Place, Leicester, Leicestershire, LE1 5AD. This commercial property is let to Poundland Limited, with terms agreed for a 5-year lease extension. The total accommodation is approximately 1,437.2 sq m (15,470 sq ft), with a rental value of £87,300 per annum, re-based from £200,000 per annum. The upper parts of the property comprise 1,059.4 sq m (11,403 sq ft) and offer future development potential, subject to consent. The property features ground and first floor sales with frontages

Location
More Information
Freehold
Market Place
Planing Authority
Harborough LPA

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