Property for sale

Ruut Homes presents a well-maintained, four-storey freehold commercial building offering versatile internal layouts suitable for office use, training centres, or other service-based businesses. The third floor (previously attic space) has recently received planning consent for commercial use, adding immediate value and further income potential.

The building includes:

• Lift access to all floors

• Fire exits on every level

• 15 toilets throughout the building

• Flexible floorplates with scope for reconfiguration or redevelopment (STP)

• Two separate entrances providing increased flexibility for multiple occupiers

Location:
Located on Bridge Road, Leicester LE5, the property lies within a well-established and busy commercial district. The area benefits from strong footfall, excellent transport links, and proximity to major road networks and local amenities, making it attractive to a wide variety of business occupiers.

Tenancy & Income Overview:

- The property is currently arranged over four floors with a mix of tenancies and strong income potential.

- The ground floor is let for £35,000 per annum, occupied by multiple departments and includes 5 WCs.

- The first floor is also let, with one year remaining on the lease, generating £20,000 per annum and featuring 4 WCs.

- The second floor is let at £15,000 per annum and includes 4 WCs.

- The third floor is currently vacant, but has recently been approved for commercial use and is estimated to achieve £10,000 to £12,000 per annum, with 2 WCs already in place.

Total Potential Income: £82,000 per annum

Development Potential (STP)

The property also offers scope for:

• Reconfiguration or refurbishment to attract higher-value commercial tenants

• Mixed-use development, subject to planning

• Intensification of layout to accommodate serviced office or training suite use

Viewings & Further Information:
Strictly by appointment only through Ruut Homes Commercial Team.