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.
