Summary - Westgate, Grantham, Nottinghamshire, NG31 NG31 6LE
1 bed 1 bath Industrial Development
**Standout Features:**
- Substantial mixed-use industrial property.
- Approx. 5,600 sq ft of space over two and three stories.
- Potential for residential development on 1st and 2nd floors (subject to planning).
- Freehold with vacant possession.
- Excellent mobile signal.
**Concerns:**
- Current condition described as requiring maintenance.
- Services have not been tested; buyer verification necessary.
- Located in a high-crime area.
- Located in a deprived area.
Nestled in the heart of Grantham, this expansive mixed-use industrial property presents an exciting development opportunity for investors or those looking to venture into property development. Sprawling over approximately 5,600 sq ft, this versatile space offers room for creative vision, with potential residential conversion on the upper floors (subject to planning). The building is positioned amidst a blend of commercial and residential properties, providing both a dynamic atmosphere and ease of access to local amenities, including schools and essential services.
While the property boasts significant space and location advantages, it does require maintenance and verification of service functionality, making it a project best suited for those with vision and resourcefulness. The surrounding area has its challenges, pinned as a high-crime zone and characterized by deprivation, yet it also showcases great rental potential and investment opportunities. With the right renovations, this property could be transformed into a unique residential complex or a lucrative business location. Act quickly; such distinctive and adaptable properties in this area don’t last long!
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