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Commercial Property in Leicester (LE1)

There are 3,661 commercial properties recorded in the LE1 postcode district. Below is an overview of sizes, rateable values, and a sample of units — plus tools to search by size and assess any site.

3,661
Commercial units
3,208
Avg size (sq ft)
11–241,688
Size range (sq ft)
£33,855
Avg rateable value

About commercial property in Leicester (LE1)

The LE1 district contains 3,661 commercial and retail properties on the VOA rating list, of which 3,312 have recorded floor areas. Sizes range from around 11 sq ft up to 241,688 sq ft, with an average of about 3,208 sq ft. Rateable values — a useful indicator of rent and size — range from £1 to £6,180,000, averaging £33,855.

If you are considering opening a shop, café, office or other business in Leicester (LE1), these figures give a sense of the local commercial property market. You can search for units matching a specific size below, and run a full site assessment on any location to see competitor analysis, demographics, footfall and a revenue forecast.

Search units in LE1 by the exact size you need
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Sample of commercial units in Leicester (LE1)

PropertyTypePostcodeSizeRateable value
DE MONTFORT UNIVERSITY, THE GATEWAY, LEICESTER university and premises LE1 9BH £6,180,000
UNIVERSITY OF LEICESTER, UNIVERSITY ROAD, LEICESTER university and premises LE1 7RD £5,640,000
LEICESTER ROYAL INFIRMARY, INFIRMARY SQUARE, LEICESTER hospital and premises LE1 5WR £5,320,000
HIGHCROSS CAR PARK, ELBOW LANE, LEICESTER car park and premises LE1 4RA 21,765 sq ft £1,360,000
UNIVERSITY OF LEICESTER CENTRE FOR MEDICINE, UNIVERSITY ROAD, LEICESTER university and premises LE1 7RH £1,270,000
2-3, GREAT CENTRAL SQUARE, LEICESTER aparthotel and premises LE1 4JS £1,000,000
BARCLAYS SERVICE CENTRE 51, DE MONTFORT STREET, LEICESTER offices and premises LE1 7GS 67,468 sq ft £825,000
LEICESTER COLLEGE : ABBEY PARK CAMPUS (MAIN), PAINTER STREET, LEICESTER college and premises LE1 3WA £800,000
CITY HALL 115, CHARLES STREET, LEICESTER offices and premises LE1 1FZ 70,674 sq ft £685,000
20, ST PETERS LANE, LEICESTER shop and premises LE1 4GH 149,137 sq ft £655,000
2, BATH HOUSE LANE, LEICESTER shop and premises LE1 4SA 241,689 sq ft £650,000
12, MEMORY LANE, LEICESTER sports centre and premises LE1 3UL £650,000
15, POCKLINGTONS WALK, LEICESTER law court and premises LE1 9BE £640,000
PREMIER INN, ST GEORGES WAY, LEICESTER hotel and premises LE1 1SH £635,000
CROWN & COUNTY COURTS 90, WELLINGTON STREET, LEICESTER law court and premises LE1 6HG £635,000
THE SHIRES (CAR PARK OPERATIONS) LTD, FREESCHOOL LANE, LEICESTER car park and premises LE1 4FY 11,313 sq ft £610,000
1, NEW WALK PLACE, LEICESTER offices and premises LE1 6RU 50,160 sq ft £610,000
60, WELLINGTON STREET, LEICESTER offices and premises LE1 1DH 62,673 sq ft £605,000
SHOE ZONE LTD, SYSTON STREET EAST, LEICESTER warehouse and premises LE1 2LH 162,667 sq ft £560,000
NATIONAL CAR PARKS LTD, RUTLAND CENTRE, HALFORD STREET, LEICESTER car park and premises LE1 1TQ 7,276 sq ft £540,000
WQE, UNIVERSITY ROAD, LEICESTER school and premises LE1 7RJ £535,000
HASTINGS INSURANCE ST GEORGES TOWER 1, ST GEORGES WAY, LEICESTER offices and premises LE1 1SH 50,543 sq ft £530,000
36-38, HUMBERSTONE GATE, LEICESTER shop and premises LE1 3PH 62,775 sq ft £520,000
UNIT MSU15 UPPER MALL, HIGHCROSS, LEICESTER shop and premises LE1 4FR 36,638 sq ft £510,000
UNIT MSU8 LOWER MALL, HIGHCROSS, LEICESTER shop and premises LE1 4FS 47,224 sq ft £500,000
9, ST GEORGES WAY, LEICESTER car showroom, workshop and premises LE1 1SH 37,553 sq ft £495,000
UNIT MSU 13 UPPER MALL/ LOWER MALL, HIGHCROSS, LEICESTER shop and premises LE1 4FS 14,579 sq ft £485,000
UNIT MSU 7 UPPER MALL, HIGHCROSS, LEICESTER shop and premises LE1 4FT 25,005 sq ft £462,500
UNIT MSU9 LOWER MALL, HIGHCROSS, LEICESTER shop and premises LE1 4FS 24,641 sq ft £457,500
101, COBDEN STREET, LEICESTER warehouse and premises LE1 2LB 86,569 sq ft £455,000
18-26, GALLOWTREE GATE, LEICESTER shop and premises LE1 1DA 118,403 sq ft £440,000
BEAUCHAMP CITY SIXTH FORM 1, SOUTH ALBION STREET, LEICESTER school and premises LE1 6JL £415,000
REG VARDY 21, ST MARGARETS WAY, LEICESTER car showroom, workshop and premises LE1 3EA 36,493 sq ft £415,000
RAMADA ENCORE HOTEL 84-86, CHARLES STREET, LEICESTER hotel and premises LE1 1GE £415,000
34, HUMBERSTONE GATE, LEICESTER hotel and premises LE1 3PH £410,000
UNIT 8, ST GEORGES RETAIL PARK, ST GEORGES WAY, LEICESTER adventure park & premises LE1 1PL 32,310 sq ft £410,000
CURVE THEATRE, RUTLAND STREET, LEICESTER theatre and premises LE1 1SB £405,000
ST MARGARETS BUS STATION AT 30, GRAVEL STREET, LEICESTER bus station and premises LE1 3AG £405,000
52, GALLOWTREE GATE, LEICESTER shop and premises LE1 1DA 71,235 sq ft £395,000
IBIS HOTEL 12, CONSTITUTION HILL, LEICESTER hotel and premises LE1 1PL £394,000

Data from the VOA Non-Domestic Rating List. Availability is not confirmed — listed units may be occupied. Rateable value is an indicator of size and rent, not an asking price. Always verify with a local agent or site visit. Find a local agent →