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15-17 Gallowtree Gate 2,917 SF Retail Building Leicester LE1 5AD $1,202,212 ($412.14/SF)



Investment Highlights
- Let to Greggs PLC by way of a reversionary lease expiring 05/07/2037
- Total accommodation of approx. 261.56 sqm (2,815 sq ft)
- Occupiers close by include McDonald's, Tim Hortons, Pret A Manager, Taco Bell, HSBC and Three
- Comprising a ground floor retail unit with first and second floor ancillary accommodation
- Well located within the City Centre, 700m from Leicester Rail Station
- VAT is applicable
Executive Summary
Lot 44 is available for sale at an Allsop online auction to be held on Wednesday 11th of February 2026.
The property comprises a freehold investment opportunity for sale.
The asking price is £900,000-£950,000, representing a gross initial yield of 8.33%.
The property comprises a freehold investment opportunity for sale.
The asking price is £900,000-£950,000, representing a gross initial yield of 8.33%.
Property Facts Sale Pending
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,917 SF
Building Class
B
Year Built
1923
Price
$1,202,212
Price Per SF
$412.14
Tenancy
Single
Building Height
3 Stories
Frontage
34’ on Gallowtree Gate
Amenities
- Bus Line
- Storage Space
1 1
Nearby Major Retailers
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15-17 Gallowtree Gate
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