Bond Wolfe selling central Leicester hotel and apartment site for £5.75 million

It was formerly the site of the Liquid & Envy nightclub and was known variously as Krystals, Blueprint Nightclub and Creation over the years before it was devastated by a fire in October 2022 and had to be demolished for safety reasons. 

Bond Wolfe, who are joint agents with Enterprise Hotels & Hospitality, are seeking £5,750,000 for the freehold. 

James Mattin, managing director of Bond Wolfe, said: “We are delighted to be marketing this substantial city centre development opportunity alongside Enterprise. 

“This sale provides a great opportunity to impact positively the city centre landscape with the consented hotel and residential offering.” 

Gavin Wright, managing director of Enterprise Hotels & Hospitality, said: ““Enterprise Hotels & Hospitality is pleased to bring this prime Leicester development opportunity to market alongside Bond Wolfe. 

“The site represents one of the city centre’s most significant consented schemes, and we anticipate strong interest from developers looking to deliver much‑needed residential and hotel accommodation in a highly connected location.” 

The planning permission granted in February 2021 is for the construction of a single and seven storey hotel and an eight, ten and 14 storey apartment development. 

The residential element will provide 22 studio flats, 67 one bedroom and 53 two bedroom apartments. 

The site is located in the city centre at the junction of the inner ring road with Burleys Way, Vaughan Way and Churchgate. 

97 Church Gate occupies a highly prominent position directly adjacent to St Margarets Bus Station, within one of the city’s most established commercial and retail districts. 

The property has excellent connectivity, with easy access to Leicester Railway Station, the inner ring road, and major motorway links including the M1 and M69. 

Church Gate is a busy thoroughfare linking the city centre with Leicester’s vibrant Cultural Quarter and Highcross.

Further details are available from j.mattin@bondwolfe.com and to view here.