Part of the Council office complex on St Peter’s Hill in Grantham has been put up for sale.
South Kesteven District Council has appointed Banks Long & Co. to market a three-storey office building and 0.45 acres of land to the rear of the nearby Savoy Cinema following its decision to relocate part of its office function to Council owned space on St Catherine’s Road.
Banks Long & Co. says the sale represents a “rare opportunity” to secure a substantial redevelopment site in Grantham town centre with the potential for a variety of commercial and residential uses.
Coun Kelham Cooke, leader of South Kesteven District Council, said: “The move from the Council’s current St Peter’s Hill offices, will allow the Council to rationalise its space requirements by using modern space that is suited to the requirements of a modern local authority.
“This in turn has allowed the Council to bring to the market an opportunity for the private sector to create an exciting new development of the vacant space and land.”
James Butcher at Banks Long and Co. added: “Banks Long & Co are delighted to be assisting the Council in their plans for St Peter’s Hill through the marketing of the space that is being vacated and hope to be able to bring forward some exciting new plans for this area in due course.”
However, Independent Councillor Ashley Baxter said he had doubts about a quick sale.
“No one disagrees that the building is old and decrepit, and the new one would be more appropriate and a better size,” he said.
“The council leader has dropped hints that a buyer is lined up. I certainty hope that’s true and it doesn’t stand abandoned, gathering dust for years and years, and costing the council money on maintenance.
“Personally I can’t fathom who would be interested in this white elephant in the middle of town.”
Leave a Reply
You must be logged in to post a comment.