Large urban site with flexible end‑use potential close to transport and amenities.
Huge freehold plot with substantial redevelopment potential (STPP)
A substantial freehold development site in Grantham offering wide-ranging reuse potential for employment, residential, hotel/leisure or retail and food/beverage uses, subject to planning. The plot sits in a mixed commercial and residential area undergoing active change, and a 44m height precedent exists from the former Maltings building. Good road and rail links and nearby amenities make the site attractive for urban mixed‑use schemes.
Practical information is available to interested parties: a planning report, desktop environmental and geotechnical reports and a demolition quote have been prepared. An area of 10m x 10m in the north‑east is excluded from the sale, and the site will be offered at auction via secure online bidding. The property has not been physically inspected by the seller’s advisor.
Buyers should note material considerations alongside the opportunities. The site lies in a high crime area, which may influence security, design and operating costs. Demolition and remediation costs may be significant despite the provided quotes; all redevelopment proposals are subject to planning permission. This plot suits developers or investors seeking a large urban site with flexible end‑use potential in a changing locality.
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