Land

The property is a level cleared site of approximately 0.2 acres located near the intersection of London Road, Glebe Street, and within walking distance of Leicester Train Station, University of Leicester, and the city centre. The site has a tarmac surface and currently accommodates 20 cars. It had planning permission for a 6-storey block of student accommodation providing 62 bedrooms, which has since lapsed. The site has a two-year management agreement with Euro Car Parks, allowing the owner to receive 87% of the gross income, currently approximately £25,200 per year, before business rates. The property is available on a freehold tenure subject to the existing management agreement.