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Reynard House, 37 - 39 Welford Road, Leicester , LE2 7AD

25,000 Sq Ft / Land

For Sale

Available - Last updated: 21 May 2019

The site comprises approximately 0.37 acres (0.15 ha).

The property comprises a 4-storey, mostly detached office building extending to c. 25,000 sq ft NIA. The interior has already been stripped back in preparation of conversion.

There is currently parking provision for approximately 30 cars to the side of the building which is accessed from Welford Road.

Leicester City Council is the planning authority for the site. The property currently has consent for B1 (business use) under the Town and Country Planning (Use classes) Order 2005.

The property has full planning permission to convert into 41 flats with an extension to contain an additional 38 newbuild flats (ref. 20172367). The permission includes a three-storey extension to the roof and a six-storey extension to the side and rear.

Location

The property is well located to the south of Leicester City Centre on the corner of Welford Road and Norton Street. It is located in a mixed-use area, surrounded by other residential accommodation and local amenities and is within walking distance of the main line railway station, retail centre and the two universities.

The property is opposite New Walk, a new mixed-use development of Grade A office space, retail, residential and leisure facilities with 245 parking spaces.

Terms

Price upon application. Unconditional offers are invited.

A data room containing technical drawings is available on request.

Specification

Amenities
- Vacant office building
- Prime development opportunity in Leicester City Centre
- Full planning permission for conversion to residential use and extension of existing building to provide 79 apartments
- No affordable housing or S.106 contributions
- Site extends to 0.15 ha (0.37 acres)
- Full design package and construction drawings are available and can be novated to the purchaser

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £0.00 NA

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Contact agents

Joe Williams

Cushman & Wakefield

0121 369 2158

Arthur Morgan

Cushman & Wakefield

0121 369 2101



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