Major development company snaps up nine-acre site in Wisbech - sale could spell new jobs for town
Wisbech is set to get a major development boost following the announcement that a nine-acre site off Cromwell Road has finally been sold.
The site, which has planning permission for roadside services including a hotel, a petrol filling station, a pub, a gym and offices, dating back 20 years, has been bought by Godwin Developments.
The leading national property developer announced its purchase with a press statement today (Thursday) and the news could spell more jobs for the town.
Ketan Patel, development manager at Godwin Developments said: “We are delighted to have secured another roadside development site – The site sits in a prominent location along the A47 and Cromwell Road leading into Wisbech.
"The A47 is located east of Peterborough connecting Norfolk and the East Coast to central England. We have identified this location as a key strategic point in the road network for the region."
John Maxey, senior partner of Maxey Grounds & Co, selling agents for the vendors said: “I am pleased to see further investment in Wisbech, which continues to grow as an important market town serving the Fenland area.
"It is anticipated that the development will provide significant additional employment, as well as a range of business premises for the area in a prominent and very accessible location.”
The site is the latest project to be added to the Godwin Developments portfolio which already contains a diverse range of commercial, residential, and mixed-use property assets in key regional locations.
This announcement regarding the purchase of the Wisbech site follows an exciting first half of the year for Godwin Group. In July they received planning for a student scheme in Derby and outline planning for a roadside development in Northamptonshire.