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Commercial property for sale Freehold Retail Premises, LE11

Asking price

£165,000

Added yesterday

Type: Commercial Property
Tenure: Freehold

Key features

Freehold Investment Opportunity
Commercial Property
Vacant Possesion
Shop Premises to the Ground Floor
Vast First Floor Space
Excellent Further Potential
Character Features
Assumed Class Use 'E'
Gated Courtyard Access
No Chain

About this property

** FREEHOLD COMMERCIAL INVESTMENT OPPORTUNITY ** Comprising a large two storey building with a traditional ground floor double bay window display retail shop, understood to be in Use Class 'E' to accommodate a variety of businesses. Previously accommodating a successful hairdressing business, the property offers a spacious ground floor work space with extensive first floor accommodation having undergone partial re-furbishment, this area could provide additional business or residential space (subject to necessary consents). Set at the heart of the town centre within this vibrant and bustling University Town, there are a range of shops and facilities on the doorstep, with excellent road access and public transport.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,604
Band B

£1,871
Band C

£2,138
Band D

£2,406
Band E

£2,940
Band F

£3,475
Band G

£4,009
Band H

£4,811

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Charnwood, 2026/27 bills run from £1,604 a year in band A to £4,811 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Charnwood, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Listed

October 2026 £165,000

this listing

Past sales can't be shown: the agent hasn't given the house number.

Location

Freehold Retail Premises, LE11

Open map Street View

Mortgage and stamp duty

Property price £165,000

£82k £248k

Deposit10% £17,000

£0 £165k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £148,000 mortgage. Most lenders would want a household income of about £33,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
2, Sparrow Hill Terraced	Terraced	Mar 2026	431 sq ft £360/sq ft	431 sq ft	£360	£155,000
10, Sparrow Hill Semi-detached	Semi-detached	Oct 2006	n/a	n/a	n/a	£340,000
2, Sparrow Hill Terraced	Terraced	Apr 2006	431 sq ft £81/sq ft	431 sq ft	£81	£35,000
3, Sparrow Hill Terraced	Terraced	Nov 2001	614 sq ft £95/sq ft	614 sq ft	£95	£58,000
2, Sparrow Hill Terraced	Terraced	May 2001	431 sq ft £81/sq ft	431 sq ft	£81	£35,000
3, Sparrow Hill Terraced	Terraced	Nov 1997	614 sq ft £62/sq ft	614 sq ft	£62	£38,000