Bridge Street, Gainsborough, Lincolnshire, DN21

Gleadells Wharf is a rare and exciting waterfront residential development opportunity with planning permission for 64No. apartments.

DESCRIPTION

Gleadells Wharf is a rare and exciting waterfront residential development opportunity in the heart of Gainsborough. The site extends in the region of 0.4 acres (sts) and has planning approved for the demolition of existing buildings and redevelopment of the site into a luxury 64No. residential apartment scheme overlooking the River Trent. The one and two bedroom apartments are designed to benefit from private outdoor space in the form of either a Juliet balcony or more substantial terrace, alongside a ‘residents only' roof terrace concept. Furthermore, a secure residents car park is proposed on the ground floor of the development.

LOCATION

Gainsborough is a popular Lincolnshire Market Town currently undergoing a transformational regeneration, with an £18 million public growth and investment programme that will underpin heritage-led regeneration and housing-led economic growth. The investment has already delivered upgraded public spaces and vibrant retail areas, as well as a new 4 screen Savoy Cinema development in the Market Place that will be a key retail & leisure destination in attracting local and wider regional footfall to Gainsborough's town centre.Gainsborough is located a 30 minute drive from the UK's motorway network, an international airport and mainline rail services. The town is nestled in the north-west corner of Lincolnshire, close to the border of Nottinghamshire and the Lincoln and Sheffield city regions. Gainsborough's population is projected to grow from 21,000 to 30,000 by 2036, fuelled by key developments such as:• Housing Expansion: Gainsborough has been selected by the Government as one of 20 locati

CONNECTIVITY

Gainsborough is well connected via both rail and road. Lea Road Railway has direct services to Lincoln, Doncaster and Sheffield, whilst Gainsborough Central provides access to Retford (LNER East Coast Main Line) with direct links to London. The A631 provides east-west connectivity, connecting Gainsborough to nearby towns such as Market Rasen, Louth and Grimsby to the east and Retford and Worksop to the west.The A156 road provides north-south connectivity. North to Scunthorpe and further to the Humber Bridge, which links to Hull and East Yorkshire. South to Lincoln. The M180 motorway connects to the wider motorway network, providing connections to cities such as Doncaster, Leeds, and beyond.

PLANNING PERMISSION

The Property was granted Full Planning Permission in April 2023 by West Lindsey District Council, under Planning Application Number: 145244The Proposal is for demolition of existing building and redevelopment of site for residential development of 64no. apartments.

SUPPORTING INFO

Upon request, a suite of supporting information is available to interested parties.

TENURE

The client is inviting unconditional offers in excess of £500,000 for the Freehold interest in the Property with full vacant possession.

PLANS & AREAS

Property Plans and images with these details are for identification purposes only, they are not to scale and have not been measured by Pygott & Crone. Purchasers are advised to satisfy themselves with the plans relating to the site.

LEGAL COSTS

Each party will be responsible for their own legal and professional costs incurred in documenting this transaction.

VIEWINGS

Strictly by prior arrangement with the selling agent Pygott & Crone.