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Commercial property for sale Leicester, LE1

Asking price
£75,000
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Added on 11/10/2026

Type
Commercial property
Tenure
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Key features

  • Quote Ref: 825645 when calling

About this property

Located on Kings Street, this commercial property offers a unique opportunity to own a restaurant space in Leicester. The build area of 124.95m2 is suitable for various dining concepts, providing enough room to create a welcoming atmosphere for customers. With its central location, the property benefits from high foot traffic and easy access to local amenities.

Council tax

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Per year
  • Band A
    £1,686
  • Band B
    £1,967
  • Band C
    £2,248
  • Band D
    £2,529
  • Band E
    £3,091
  • Band F
    £3,653
  • Band G
    £4,215
  • Band H
    £5,058

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Leicester, 2026/27 bills run from £1,686 a year in band A to £5,058 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Leicester, 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.

Location

Leicester, LE1

Mortgage and stamp duty

Property price £75,000
£38k £113k
Deposit11% £8,000
£0 £75k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £67,000 mortgage. Most lenders would want a household income of about £15,000 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 in LE1. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 74, Burgess House, 42, Sanvey Gate LE1 4BR Flat / maisonetteJul 2026700 sq ft £179/sq ft£125,000
Apartment 422, St. Georges Mill, 7, Wimbledon Street LE1 1SY Flat / maisonetteJul 20261,453 sq ft £107/sq ft£155,000
Flat 203, The Exchange, 5, Lee Street LE1 3AH Flat / maisonetteJun 2026n/a£65,500
155, Upper New Walk LE1 7QJ DetachedJun 20263,089 sq ft £169/sq ft£523,250
Flat 18, Deuce House, 20, Wimbledon Street LE1 1SN Flat / maisonetteJun 2026n/a£145,000
Apartment 30, The Needleworks, 41 - 43, Albion Street LE1 6GF Flat / maisonetteJun 20261,615 sq ft £163/sq ft£262,500
Apartment 21, Alexandra House, 47, Rutland Street LE1 1SE Flat / maisonetteJun 2026689 sq ft £81/sq ft£56,000
Flat 3, Princess House, 26, De Montfort Street LE1 7GD Flat / maisonetteJun 2026n/a£155,000

All sold prices in Leicester →

Area insights

The neighbourhood around this property.

Marketed by
Keller Williams UK, Keller Williams - Ash Tayub
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