Market report

The Leicestershire industrial property market

An industrial market report for Leicestershire, with the finance we arrange across 6 industrial catchments in the county.

6
Industrial catchments
£8.09/sq ft
Avg multi-let rent (East Midlands)
9.4%
Industrial vacancy (UK, MSCI)
7,989
House sales, 12m (tracked towns)
Matt Lenzie
Written and reviewed by Matt Lenzie Founder & Principal Broker · 25 years arranging commercial property finance

Leicestershire sits within the East Midlands industrial market. Leicestershire was the site of the 1485 Battle of Bosworth Field, the clash that put the Tudor dynasty on the English throne. We arrange acquisition finance, commercial mortgages, bridging, development finance, mezzanine and term debt on light industrial property across the county, tracking 6 industrial catchments, led by Hinckley, Leicester, Lutterworth, Coalville and Loughborough.

The market figures below are reported nationally or at regional level by the industry's research sources, attributed to each source, and used as context rather than a Leicestershire-specific measurement. The planning data and housing-transaction context is genuinely local and sourced from council planning registers and HM Land Registry.

Industrial locations and landlords across Leicestershire

Industrial demand concentrates along the A6, M1 J22, A5, A511 and A50 corridors, where road access drives occupier demand for units and yards. Established industrial locations such as Magna Park are the natural home for workshops, trade counters and multi-let units, and the first places a valuer looks for rental comparables. Multi-let landlords with estates across the county include Indurent.

Rents, vacancy and yields

The UK multi-let industrial market runs to 500m+ sq ft of space (Gerald Eve (Newmark), Multi-Let, Winter bulletin 2024). Regional multi-let rents average around £8.09/sq ft (East Midlands multi-let average, Gerald Eve (Newmark), Multi-Let Winter bulletin 2024, Q3 2024), with the region's top prime rents at £13/sq ft (Gerald Eve (Newmark), Multi-Let Winter bulletin 2024, Q3 2024), and prime multi-let equivalent yields sit around 5.25% (Gerald Eve (Newmark), Multi-Let Winter bulletin 2024, Q3 2024). Nationally, MSCI put industrial vacancy at 9.4% (MSCI UK Quarterly Property Index, Q4 2025 results, Dec 2025), and forecast multi-let rental growth runs at 4.6% (Gerald Eve (Newmark), Multi-Let Winter bulletin 2024, 2024 to 2028 forecast).

Industrial demand signals in Leicestershire

As a local-economy signal, the 5 Leicestershire towns we track recorded 7,989 residential transactions in the last twelve months on HM Land Registry price paid data; housing-market context rather than industrial volume, but a read on the depth of the economy that fills small units.

Light industrial finance in Leicestershire

We arrange the full lifecycle of light industrial finance across Leicestershire: commercial mortgages for owner-occupiers and investors, acquisition finance for units and estates, bridging for auctions and vacant property, development and mezzanine finance for builds and refurbishments, and term debt for the long-term hold. Send us the deal and we will come back within one working day.

Industrial market figures are published nationally or at East Midlands level (Gerald Eve Multi-Let; MSCI; Savills) and are presented as context for Leicestershire rather than a county-specific measurement. Housing-transaction figures are HM Land Registry price paid data for the towns we track.

By town

Light industrial finance by town in Leicestershire

Each town carries its own catchment profile, demand signals and market context.

Finance

The finance we arrange in Leicestershire

Eight products across the whole light industrial lifecycle.

Property types

Industrial property types we fund across Leicestershire

Every format is underwritten differently. We know which lenders back each one.

Funding an industrial unit in Leicestershire?

Send us the outline and we will come back with a view on fundability and likely terms.