Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Leicester and Leicestershire.
Leicester stands out with above-average yields of 7%, making it one of the UK's most attractive commercial property markets for investors.
Direct relationships with executives and board members of the UK's leading lenders
Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out
Direct relationships with lender decision-makers for faster approvals and better terms
Proven success arranging complex commercial property finance across the UK
“Two universities drive exceptional student market. Cultural Quarter established. Richard III tourism boost.”
— CMB Market Analysis
Waterside; Leicester Square; Cultural Quarter enhancement
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £33 psf | £14 psf | £14 - £33 psf |
| Retail / Shop | £103 psf | £28 psf | £28 - £103 psf |
| Industrial | £13 psf | £6 psf | £6 - £13 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.
The Leicester market shows positive momentum with yields compressing slightly against regional averages.
Mixed Commercial
Creative/Leisure
Innovation Hub
Major Regeneration
Industrial/Logistics
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Grade B office building, Cultural Quarter
Corner retail unit with display frontage, Aylestone
Modern industrial unit, trade estate
53-bed registered care home with gardens, Stoneygate
Development site with planning for 6 residential units, Stoneygate
Mixed-use building with commercial ground floor and residential above, Clarendon Park
20-unit purpose-built apartment block, Clarendon Park
Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.
2 institutions · 45,000 students
Selective licensing in specific areas
Less restrictive than Nottingham for HMO. Diverse tenant base including students and key workers.
Founder & Principal Broker
With a career spanning Lloyds Bank, Bank of Scotland, and a partnership in a corporate finance business, Matt brings institutional-grade expertise to every deal in Leicester. Currently a board advisor to a pension administrator and trustee with £3.9bn of assets under advisory, Matt has raised over £300m of capital for property professionals across the UK.
View Full ProfileLeicester presents development opportunities linked to Waterside. Growing demand from the Higher Education sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Strong appetite for student accommodation. Residential and industrial supported.
Broker Notes
Space Park Leicester unique government-backed facility. Waterside £500m regeneration attracting interest. Fosse Park major retail destination. Diverse manufacturing base provides stable tenant demand.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Leicester and the wider Leicestershire region, from commercial property purchases to healthcare property investments.
Leicester is a major East Midlands city with strong university presence and diverse commercial property. The commercial property market benefits from strong demand across Higher Education, Healthcare, Manufacturing sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 7% and 22.5% price growth over five years, Leicester offers compelling returns for commercial property investors. Excellent connectivity via Leicester Station mainline supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Waterside, further enhances the investment outlook and signals sustained public and private sector confidence.
Leicester's commercial property market faces competition from nearby larger centres, which can limit tenant demand for certain asset types. Careful due diligence on local occupier markets and realistic yield expectations are essential for successful investment.
Leicester's commercial property landscape has been shaped by Waterside. Growth in the Higher Education sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning policy in Leicester is set by Leicestershire council through its adopted local plan. The authority supports commercial investment and has allocated sites for employment and mixed-use development. Pre-application advice is available and recommended for larger schemes to navigate local requirements efficiently.
Commercial property news for Leicester will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Leicestershire.
Commercial mortgage services available across Leicester and surrounding areas. View larger map
Office rents in Leicester range from approximately £14 per square foot for secondary space up to £33 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £25 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Leicester vary by property type and grade. Current indicative yields are: offices at 5.54%-6.57%, retail at 5.83%-6.61%, industrial at 5.06%-5.6%, residential single-let at 5.11%, HMOs at 8.74%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Leicester's commercial property market includes offices, retail units, industrial premises, residential investment blocks, care homes. We arrange finance across all commercial property types, from standard office and retail purchases to specialist assets requiring tailored lending solutions.
Residential investment blocks in Leicester typically trade at around £120,650 per unit, or approximately £300 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 5.11%, with HMO conversions achieving up to 8.74%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
HMO investments in Leicester can achieve yields of approximately 8.74%, compared to 5.11% for standard single-let properties. With 2 higher education institutions and approximately 45k students, Leicester has strong HMO demand. Note that HMO licensing requirements vary by local authority -- check Article 4 directions before purchasing.
Care homes in Leicester typically trade at around £89,800 per registered bed. A typical 51-bed home would therefore be valued between £1.8m and £5.4m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.