TypeDevelopment - Residential · Hotel Development Land · Student & Buy to Let Properties
LE1 City Industrial Units, Lee Circle, Leicester
TenureFor sale
Specification
- Building size
- Building size 70,344 sqft
- Land size
- Land size 0.40 acres
- Property type
- Property type Development - Residential · Hotel Development Land · Student & Buy to Let Properties
- Tenure
- Tenure For sale
Description
The 1,650 sq. m site comprises as existing a mixture of Class B1 (light industrial), B2 (general industrial) and B8 (storage and distribution) units arranged as 1 and 2 storey buildings. They share a common service yard with associated car parking that is accessed off Lee Circle and covers about 700 sq. m of the site. There is no landscaping and the entire site is impermeable. The planning permission obtained from the Leicester City Council under and is for the construction of a 6 and 7 storey building comprising of 92 flats (1 x Studio, 59 x 1 bed, 32 x 2 bed); substation; communal amenity space and facilities. There is no S106 agreement. PLANNING REFERENCE: 2021139.
Location
The site is located within walking distance of the main transport hubs in Leicester: Haymarket Bus Station (350m), St Margarettts Bus Station (475m) and Leicester Railway Station on London Road (1.1km). The opportunity can be found on the edge of the Central Shopping Core in Leicester, with easy access to the rest of the facilities that the City Centre has to offer. This includes the shopping amenities, services and evening life, major employers such as the two universities and the Leicester Royal Infirmary, office areas in New Walk and around the railway station, and The Curve theatre in the Cultural Quarter. Access to the site can be reached from Lee Street, which is situated just behind Haymarket Bus Station, between Crecy Court and Thrifty vehicle hire premises
Amenities
Build to rent potential PBSA schem STPP
University catchment
