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For Sale by Auction on 20th November 2025, Freehold Car Park Investment, Rear of The Bradgate Hotel, 18 Prebend Street, Leicester, LE2 0LA

6,316 Sq Ft / Industrial / Investment

For Sale - £80,000.00

Available - Last updated: 30 October 2025

For Sale by Auction on 20th November 2025

An irregular shaped tarmaced site that is about 587 sq m (6,316 sq ft) or 0.059 hectares (0.145 acres). It is currently rented out as a car park with about 15-20 car parking spaces.

Location

Leicester is a historic city known for its rich history, cultural diversity, and modern vibrancy. It is the largest city in the East Midlands and is notable for its Roman and medieval history, as well as for being the birthplace of modern tourism and hosting large Diwali celebrations. Today, it is a major commercial center with two universities and a large student population, a significant sporting community including the Leicester Tigers rugby team and the Premier League champion Leicester City Football Club, and a wide array of attractions, shopping, and street art.

The city lies on the River Soar and is approximately 90 miles north-west of London, 33 miles north-east of Birmingham and 21 miles north-east of Coventry. Nottingham and Derby lie around 21 miles to the north and north-west respectively, whilst Peterborough is located 37 miles to the east. Leicester is close to the eastern end of the National Forest.

The site is located to the rear of The Bradgate Hotel, accessed from Andover Street and is located in a mainly residential area, just south east of the city centre, which is a short walk away. 

Accommodation

Size - 587 sq m (6,316 sq ft) or 0.059 hectares (0.145 acres).

Terms

Tenure - Freehold

Guide Price - £80,000

Tenancy - Currently let to Creative Car Parks Ltd for 10 years from 01/10/2020. Creative Car parks maintains an ANPR parking control system on the site – they collect and send the owner 100% of all parking fees collected from the site and thetenant keeps 100% of all parking fines generated. Please refer to legal documents.

Specification

  • Freehold car park investment
  • Let to and operated by Creative Car Parking Ltd
  • About 587 sq m (6,316 sq ft) or 0.059 hectares (0.145 acres)
  • C.15-20 car parking spaces
  • Currently producing about £12,000 per annum - refer to the legal pack 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £80,000.00 NA

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