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193-195 Green Lane Rd 2,796 SF Retail Building Leicester LE5 4PD $711,286 ($254.39/SF)



Investment Highlights
- Prominent corner location at Green Lane Road and Jellico Road, 1.5 miles from Leicester city center.
- Large side yard and multiple garages providing ample storage and functionality.
- High vehicle and foot traffic corridor ensuring consistent visibility and accessibility.
- Double-fronted retail shop with substantial display frontage.
- First floor presents strong potential for residential conversion, subject to planning.
- Freehold property offered with vacant possession for maximum flexibility.
Executive Summary
Situated on the corner of Green Lane Road and Jellico Road, this two-storey brick-built retail property offers a rare freehold investment opportunity in a thriving Leicester neighborhood. Located only 1.5 miles east of Leicester city center, the property benefits from superb accessibility via the A47 and is surrounded by high-density residential housing and local manufacturing facilities, driving consistent pedestrian and vehicular traffic.
The property features a double-fronted shop facade, an expansive open-plan ground floor, and a large side yard with garages to the rear—ideal for storage or auxiliary use. This layout provides extensive flexibility for owner-occupiers or investors seeking a tenant-ready site. The stripped-out first floor lends itself well to potential conversion for residential accommodation, subject to necessary planning consents, creating an attractive mixed-use development opportunity.
Available with vacant possession, this site represents a compelling option for retail operators, investors, and developers alike.
The property features a double-fronted shop facade, an expansive open-plan ground floor, and a large side yard with garages to the rear—ideal for storage or auxiliary use. This layout provides extensive flexibility for owner-occupiers or investors seeking a tenant-ready site. The stripped-out first floor lends itself well to potential conversion for residential accommodation, subject to necessary planning consents, creating an attractive mixed-use development opportunity.
Available with vacant possession, this site represents a compelling option for retail operators, investors, and developers alike.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,796 SF
Building Class
C
Year Built
1900
Price
$711,286
Price Per SF
$254.39
Tenancy
Single
Building Height
2 Stories
Building FAR
0.64
Lot Size
0.10 AC
Frontage
37’ on Green Lane Road
Amenities
- Courtyard
- Fenced Lot
- Storage Space
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Nearby Major Retailers
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193-195 Green Lane Rd
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