Development Opportunity FOR SALE in Broad Street, Coalville, Leicestershire

Property Description

Coalville Development Opportunity – Former / Existing Ambulance Station on 0.18 Acre Site
Fraser Bond is pleased to present Coalville Ambulance Station, located on Broad Street within the well-established Leicestershire town of Coalville.
Occupying a site of approximately 0.18 acres, the property comprises a purpose-built emergency services facility historically utilised as an ambulance station. The building is understood to include operational vehicle bays, staff facilities, and ancillary office space, reflecting its institutional use.
The property is positioned close to Coalville town centre, benefiting from accessibility and proximity to local amenities. The surrounding area is characterised by a mix of residential housing and local commercial uses, supporting a stable and active community environment.
Subject to planning and relevant consents, the asset may offer potential for alternative uses, including residential redevelopment, supported living accommodation, or continued commercial use. Its relatively generous site size for this asset type enhances flexibility for repositioning.
Key Features
Former / existing ambulance station
Purpose-built depot-style building
Approx. 0.1781 acre site
Located on Broad Street near town centre
Suitable for depot, storage, or operational use
Potential for residential redevelopment (STP)
Strong local demand for housing
Larger site compared to similar assets
Location
Coalville is a well-connected market town in North West Leicestershire, benefiting from proximity to Leicester, Loughborough, and major road networks including the M1. The town has seen ongoing regeneration and investment, enhancing its appeal for both residential and commercial uses.
Broad Street provides a central location with access to local amenities, schools, and services, making it suitable for a range of occupiers and development strategies.
Investment Angle
This property represents a flexible, value-add opportunity:
Opportunity for conversion or redevelopment (STP)
Generous site size for an ambulance station asset
Supported by local housing demand and regeneration activity
Suitable for care, supported living, or residential schemes
Potential to unlock value through repositioning of institutional use
For investors seeking manageable development opportunities with upside potential, this asset offers a compelling proposition within a growing regional market.
For further information, planning insights, or to discuss acquisition opportunities, contact Fraser Bond today.
Standalone institutional sites with redevelopment potential in accessible town centre locations are increasingly rare and highly sought after.