16-20 Beal Street, Highfields, Leicester, LE2 0AA

Situated at a prime location in Highfields, this three-story detached former nursery offers substantial redevelopment potential. The property spans approximately 3,970 square feet on a total site area of 0.28 acres, making it an enticing opportunity for both residential and commercial ventures. A pre-application indicating the potential development of 10 townhouses has garnered positive preliminary feedback from local planning authorities, paving the way for future residential growth. Additionally, plans are in place for transforming the space into commercial units, which could cater to modern businesses such as food parks or dark kitchens. Illustrative drawings are available showcasing two viable schemes: one comprising five four-bedroom houses and five three-bedroom houses for residential use, and another outlining a commercial layout with a total lettable area of around 5,600 square feet across multiple units. With potential alternative uses subject to planning permissions, this property represents a unique investment opportunity in a growing neighborhood under the jurisdiction of Leicester City Council.