Summary - SESSIONS HOUSE, MARKET PLACE NG34 7ST
1 bed 1 bath Detached
Large historic freehold with redevelopment upside for experienced investors or developers.
- Grade II listed former bank, landmark Market Place corner building
- Total internal area approximately 5,003 sq ft over three floors
- Vacant possession with recent full slate roof replacement
- Ground floor large banking hall suitable for subdivision (subject to consent)
- High flood risk and reported very high local crime levels
- Listed status restricts alterations and increases consent costs
- Electric storage heating; walls likely uninsulated — retrofit needed
- No external garden; town‑centre plot with direct street frontage
A rare central landmark: this Grade II listed former bank offers 5,003 sq ft across three floors in Sleaford’s Market Place. The building has just had a major new slate roof installed and currently benefits from vacant possession, providing a clear canvas for redevelopment or conversion subject to planning and listed‑building consent.
The ground floor presents a large banking hall suited to subdivision into retail or office units, while the upper floors contain attractive period rooms with tall ceilings and sash windows that could be converted into flats or office suites. Main services are connected, and double glazing is present, though installation dates are not recorded.
Important constraints: the listed status will restrict works and require specialist consent and likely additional costs; the site is in a high flood‑risk area and crime levels are reported very high. Heating is by electric storage heaters and external walls are traditional stone/brick with no assumed insulation — further investment will be needed to upgrade services and thermal performance.
Well suited for a developer or investor seeking a landmark town‑centre freehold with redevelopment potential. The location benefits from direct Market Place frontage, strong pedestrian presence and nearby amenities, but proposals should factor in flood mitigation, listed‑building requirements, security improvements and refurbishment costs.
Office for sale in 6-8 Market Place, Sleaford, Lincolnshire, NG34 7SH, NG34 — £200,000 • 1 bed • 1 bath • 2081 ft²
Commercial development for sale in 25 Southgate, Sleaford, NG34 7SY, NG34 — £385,000 • 1 bed • 1 bath • 2405 ft²
High street retail property for sale in Bristol Arcade, Southgate/Market Place, Sleaford, Lincolnshire, NG34 7ST, NG34 — £1,500,000 • 1 bed • 1 bath • 15485 ft²
Office for sale in Northgate, Sleaford, Lincolnshire, NG34 — £250,000 • 1 bed • 1 bath • 5055 ft²
Office for sale in Market Street, Sleaford, Lincolnshire, NG34 — £275,000 • 1 bed • 1 bath • 4917 ft²
Mixed use property for sale in 75 Southgate and 3, 5a, 5b Boston Road, Sleaford, Lincolnshire NG34 7ER, NG34 — £250,000 • 1 bed • 1 bath
