Map view Street view 23-25 Market Street, Leicester, LE1 6DN 3,442 Sq Ft / Other / Investment For Sale - £525,000.00 Available - Last updated: 17 September 2025 SummaryThe property comprises a substantial mid-terrace retail building arranged over basement, ground, part first and part second floors, providing a well-configured retail unit with ancillary workshop, office, and storage accommodation. The premises benefit from an attractive glazed shopfront, prominent signage, and good internal ceiling heights throughout the retail area. The property is let in its entirety to George Pragnell Limited, a respected jeweller, trading from this location under a high-quality fit-out. There are also four flats that form part of the property and have been sold off on long leasehold, generating a combined income of a £1,000 per annum.Key PointsFully Let InvestmentApproximately 5.80 years remaining on the lease, expiring on 20 April 2031, with no break clauses and a rent review on 21st April 2026.Total Income of £38,750Located on busy Market Street, a well-regarded retail and leisure destination in Leicester city centre, benefitting from strong footfall.The unit comprises basement, ground, part first, and part second floors, offering a flexible layout with retail, office, and workshop areas.George Pragnell Limited is a high-end jeweller with a strong trading history and brand presence, reinforcing the quality of the covenant.LocationThe property is prominently located on Market Street, a popular and well-established retail thoroughfare in Leicester city centre. The street links directly to both Belvoir Street and Granby Street, with nearby occupiers including independent retailers, cafes, bars, and national operators. Leicester benefits from a large and diverse population, supported by two major universities and excellent public transport links. The property is well-positioned to take advantage of high pedestrian footfall and easy access to Leicester Railway Station, which lies approximately a 10-minute walk away.TermsAvailable freehold Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Freehold £525,000.00 NA Documents and links Market Street 2325 2025 Brochure.pdf 6c1f6c4bebfffe7d0e28e3e5246114b2.pdf Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist