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Commercial Property in Leicester (LE5)

There are 2,351 commercial properties recorded in the LE5 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.

2,351
Commercial units
3,108
Avg size (sq ft)
11–644,198
Size range (sq ft)
£20,632
Avg rateable value

About commercial property in Leicester (LE5)

The LE5 district contains 2,351 commercial and retail properties on the VOA rating list, of which 2,211 have recorded floor areas. Sizes range from around 11 sq ft up to 644,198 sq ft, with an average of about 3,108 sq ft. Rateable values — a useful indicator of rent and size — range from £99 to £3,320,000, averaging £20,632.

If you are considering opening a shop, café, office or other business in Leicester (LE5), 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 LE5 by the exact size you need
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Sample of commercial units in Leicester (LE5)

PropertyTypePostcodeSizeRateable value
LEICESTER GENERAL HOSPITAL, GWENDOLEN ROAD, LEICESTER hospital and premises LE5 4PW — £3,320,000
LPC(UK) LTD, WATERSIDE ROAD, LEICESTER paper mill factory and premises LE5 1TL 644,198 sq ft £2,690,000
2, MAIDENWELL AVENUE, LEICESTER superstore and premises LE5 1BJ 108,159 sq ft £1,750,000
CITY OF LEICESTER SCHOOL, DOWNING DRIVE, LEICESTER school and premises LE5 6LN — £870,000
CROWN HILLS COMMUNITY COLLEGE, GWENDOLEN ROAD, LEICESTER school and premises LE5 5FT — £780,000
GATEWAY SIXTH FORM COLLEGE, COLIN GRUNDY DRIVE, LEICESTER college and premises LE5 1GA — £715,000
AVANTI FIELDS SCHOOL AT 21, FURROW VIEW, LEICESTER school and premises LE5 0BX — £610,000
JUDGE MEADOW COMMUNITY COLLEGE, MARYDENE DRIVE, LEICESTER school and premises LE5 6HP — £570,000
ORCHARD MEAD ACADEMY, KEYHAM LANE WEST, LEICESTER school and premises LE5 1RT — £497,500
1, SPINNEY HILL ROAD, LEICESTER health centre and premises LE5 3GH — £462,500
THE EVINGTON CENTRE LEICESTER GENERAL HOSPITAL, GWENDOLEN ROAD, LEICESTER hospital & premises LE5 4QG — £440,000
ST PAULS R C SCHOOL, SPENCEFIELD LANE, LEICESTER school and premises LE5 6HN — £422,500
NEAL BROTHERS, HASTINGS ROAD, LEICESTER factory and premises LE5 0HL 123,444 sq ft £370,000
ARNOLD LODGE, VICTORIA ROAD EAST, LEICESTER hospital and premises LE5 0LL — £340,000
MADANI HIGH SCHOOL AND COMMUNITY CENTRE, EVINGTON VALLEY ROAD, LEICESTER school and premises LE5 5LL — £337,500
16, EAST PARK ROAD, LEICESTER factory and premises LE5 4QA 163,932 sq ft £265,000
HAMILTON POLICE STATION, KEYHAM LANE, LEICESTER police station and premises LE5 1FJ — £233,000
61, LUNSFORD ROAD, LEICESTER factory and premises LE5 0HW 49,178 sq ft £221,000
181, WATERSIDE ROAD, LEICESTER factory and premises LE5 1TL 40,356 sq ft £216,000
THE LEICESTER NUFFIELD CLINIC, SCRAPTOFT LANE, LEICESTER hospital and premises LE5 1HY — £200,000
26, LUNSFORD ROAD, LEICESTER factory and premises LE5 0HJ 58,008 sq ft £174,000
KESTRELS FIELD PRIMARY SCHOOL 30, MUNDESLEY ROAD, LEICESTER school and premises LE5 1WE — £174,000
R C HARRISON & SONS LTD, GOUGH ROAD, LEICESTER factory and premises LE5 4AL 69,089 sq ft £166,000
77-83, CHESTERFIELD ROAD, LEICESTER shop and premises LE5 5LH 19,797 sq ft £165,000
190, WATERSIDE ROAD, LEICESTER factory and premises LE5 1TN 28,222 sq ft £150,000
NYLACAST, HASTINGS ROAD, LEICESTER warehouse and premises LE5 0HU 52,032 sq ft £142,000
301, THURMASTON LANE, LEICESTER warehouse, workshop and premises LE5 0TE 27,126 sq ft £141,000
SPINNEY HILL PRIMARY, ORSON STREET, LEICESTER school and premises LE5 5EJ — £138,000
EVINGTON LEISURE CENTRE, DOWNING DRIVE, LEICESTER leisure centre and premises LE5 6LP — £137,000
WHITEHALL COUNTY JI SCHOOL, WHITEHALL ROAD, LEICESTER school and premises LE5 6GJ — £135,000
HOPE HAMILTON C OF E PRIMARY, SANDHILLS AVENUE, LEICESTER school and premises LE5 1LU — £134,000
LEISURE CENTRE, SPENCE STREET, LEICESTER leisure centre and premises LE5 3NW — £133,000
200, HASTINGS ROAD, LEICESTER shop and premises LE5 0HL 17,439 sq ft £128,000
ADR AT 180, WATERSIDE ROAD, LEICESTER vehicle repair workshop and premises LE5 1TL 21,329 sq ft £127,000
33-37, SULGRAVE ROAD, LEICESTER garage and premises LE5 0LH 44,128 sq ft £126,000
FALCON PRIMARY SCHOOL, GEORGE HINE HOUSE, LEICESTER school and premises LE5 0TA — £126,000
COLEMAN PRIMARY SCHOOL, GWENDOLEN ROAD, LEICESTER school and premises LE5 5FS — £122,000
30, WATERSIDE ROAD, LEICESTER warehouse and premises LE5 1TL 21,380 sq ft £121,000
GOALS LEICESTER, WAKERLEY ROAD, LEICESTER soccer centre and premises LE5 4WD — £116,000
SPA PLACE 36-42, HUMBERSTONE ROAD, LEICESTER offices and premises LE5 0AE 24,044 sq ft £113,000

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 →