Attractive Investment / Development Opportunity
Freehold – Offers in Excess of £230,000
1,965 sq ft (182.55 sq m)
Key Features
Property Description:
54 Blaby Road comprises a substantial freehold property with a prominent frontage in a busy trading location.
The ground floor is currently used as offices, with upper floors offering scope for alternative use, subject to obtaining the necessary consents.
The premises are let to an established tenant on a lease expiring 19th September 2026, generating a passing rent of £14,750 per annum.
The tenancy must be honoured until expiry, after which vacant possession can be secured, offering the opportunity for redevelopment, conversion, or owner-occupation. This presents an appealing income-producing investment in the short term, with longer-term development potential thereafter.
Property Location:
The property is situated on Blaby Road, South Wigston, a well-established mixed commercial and residential area. Blaby Road serves as the main retail thoroughfare for South Wigston, with a range of local and national occupiers nearby. The location benefits from good transport links, lying approximately 4 miles south of Leicester city centre, with convenient access to the M1/M69 motorway network and South Wigston railway station providing direct services to Leicester and beyond.
Accommodation:
| AREA SQ FT | AREA SQM | |
| GROUND FLOOR | 1,290 | 119.84 |
| FIRST FLOOR | 675 | 62.71 |
| TOTAL | 1,965 | 182.55 |
Additional Information:
Compare listings
Compare