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Investment Highlights

  • In the town centre of Sleaford
  • 17 miles South of the City of Lincoln
  • At the junction of Market Place, North Gate and South Gate

Executive Summary

Landmark listed freehold property offering 5003 sq ft over three floors. Arranged over three floors, being a former bank the property has useful large bank safes, currently arranged as banking hall on the ground floor, with attractive offices and staff welfare rooms on the first and second floors. Offering an attractive outlook over the town through the period sash windows.
Scope for re-development/investment. Huge scope to split the ground floor into smaller retail/office units with apartments over – subject to the necessary consents. Recently had a new roof at considerable expense to the vendors.
The work undertaken at Market Place was:
• Strip out old roof and dispose
• Supply and install new roofing felt
• Supply and install new batons
• Supply and install new slates
• Supply and install loft insulation to replace the insulation removed by Rentokil
• Supply and install new guttering
• Supply and install new downpipe, unblocking and restoring the connection to the internal downpipe
• Localised external decoration to cover the rust stains from the downpipe

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Property Size
5,003 sq ft
Costar Property Class
B
Year Built
1910
Price
£300,000
Price per sq ft
£59.96
Tenancy
Single
Number of Floors
3
Plot ratio
1.91
Total Plot Size
0.06 ac
Frontage
61 ft on Market Place

Nearby Major Retailers

Iceland
Sainsbury's
Tesco Superstore
Costa Coffee
Barclays
SPAR
Lidl
Co-op
  • Listing ID: 40802501

  • Date on Market: 05/06/2026

  • Last Updated:

  • Address: 21 Market Pl, Sleaford NG34 0SE

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