No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Residential development

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Residential development
0 bed
0 bath

Property description & features

  • Residential Development Opportunity
  • Part Investment
  • On Site and Nearby Car Parking
  • Excellent Road Links
Location - The property is located in Syston which is within the district of Charnwood. The town has excellent road links to the A46. Leicester Railway station is approximately 6 miles in distance and the town also has a railway station which provides links to nearby major cities such as Nottingham. The subject property is located on High Street and within close proximity to the busy Syston Town Square shopping centre. It is within close proximity to the junction with Melton Road, which accommodates a number of well established national and local retailers.

Terms - The property is on the market for offers over £400,000

Opportunity & Accommodation - The site accommodates two retail units on the ground floor and office accommodation on the majotiy of the first floor with some facilities on part of the ground floor.

The income generated from the retail units are as follows:

Unit 1:
Approx. 58 sqm (624 sf)
Currently generating approx. £10,000 per annum including bills

Unit 2:
Approx. 30.6 sqm (330 sf)
Currently generating £7,500 per annum excluding bills.


The upper floor consists of office accommodation over ground, first & second floors with the ability for the premises to be split to create two or three self contained office premises. Alternatively the offices could be converted to residential accommodaion subject to the necessary consents.

Ground & First Floor Office:
61.7 sqm (604 sf)

First & Second Floor Office
107.2 sqm (1,153 sf)

Total Net Internal Area of Whole:
163.2sqm (1,757 sf)

Planning - Taking in to consideration the previous user, we believe the current planning use would fall under Class E

We would advise all interested parties to make their own enquiries and not solely rely on information we have provided

Rating Assessments - Rateable value as of 1st April 2023:

Offices including Ground Floor Office/Retail: £17,000
Rates payable 2022/23: TBC

We understand an application has been submitted to reflect the split in accommodation.

Retail Salon: £4,700
Rates payable: 2022/23: TBC

Energy Performance - EPC Rating: TBC

Vat - We understand VAT is not applicable.

Services - Mains water, electric and gas are available.

Legal Costs - Each party to pay their own legal costs

Viewing - Strictly by appointment with sole agent, Readings Property Group, 48 Granby Street, Leicester LE1 1DH (Hassan Gaffar).[use Contact Agent Button]

Agent Notes - CONSUMER PROTECTION LEGISLATION - These letting details have been written to conform to Consumer Protection Legislation. Whilst we endeavour to make our Details accurate and reliable, if there is any point of particular importance to you, please contact the office and we will check the information for you, particularly if contemplating travelling some distance to view. Measurements are given in good faith and whilst believed to be accurate these should be checked by the prospective tenant for verification. The measurements are carried out in accordance with the RICS and ISVA code of measuring practice.

Property information from this agent

Places of interest

    Readings is a growing estate agency based in Leicester. With a heritage going back to 1935 we formed in January 2011 as the result of a merger of two companies, Readings Hope and Mann LLP and Peter James Estates. If you are looking for estate agents in Leicester, we offer exceptional customer service and attention to detail across all services we offer. This means that more and more satisfied customers choose to use and recommend us throughout Leicestershire and further afield. Letting Agents Leicester We have considerable experience in letting properties across Leicestershire and are one of the largest independent letting agents in Leicester. As members of ARLA, you can rest assured that you are dealing with a reputable lettings company. We offer letting agent services for both residential and commercial property and currently have a wide range of properties to let. Houses for Sale in Leicester Readings offer houses for sale in Leicester and Leicestershire. We have a large selection of properties to suit all budgets and needs with houses for sale ranging from investment opportunities to grand family homes, so whether property size, location or style is your priority, we’ll have the property to suit your requirements. Estate Agency Services As industry recognized estate agents, we offer several services besides simply selling and buying houses. These include Estate Agency sales, Lettings and Property Management, Surveys, Valuations, Auctions, Landlord advice and many other property services. We are members of The National Association of Estate Agents (NAEA), Royal Institution of Chartered Surveyors (RICS) and the Association of Residential Letting Agents (ARLA). You can rest assured that whichever of our estate agency services you are using, the staff are highly experienced and knowledgeable- you will receive the highest level of care and advice. Readings are also members of The Property Ombudsman (TPO) and we adhere to strict codes of conduct and practice for your peace of mind. If you are looking for an estate agent in Leicester who will deal with your enquiry efficiently and skillfully to ensure the best outcome for you, contact Readings today on the phone number displayed or press the Contact Agent button.

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    Property reference 32328380. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Readings Property Group - Leicester.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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