192 & 194 Barrier Bank, Cowbit, Lincolnshire, PE12 6AL

A largely square site totalling approximately 0.11 hectares (0.28 acres) arranged as follows:

• 192 Barrier Bank: a detached two storey building of traditonal construction arranged as 2x two bedroom flats totalling approximately 63 sq m (678 sq ft) each. The flats are in need of refurbishment.
• 194 Barrier Bank: an L-shaped industrial building comprising four workshop and storage units on the ground floor and offices at first floor level totalling approximately 293 sq m (3,154 sq ft). To the front of the site is a forecourt currently operating as a car wash.

The site may lend itself to future redevelopment, subject to obtaining the necessary consents. Prospective purchasers are advised to rely on their own enquiries in this regard.

Location:

Cowbit is a fenland village lying approximately 3 miles south of Spalding and 16 miles north east of Spalding and can be accessed via the A16 (Cowbit Road) and A1175 (Littleworth Drove). Rail services can be found at nearby Spalding railway station, which provides regional rail services and services to London Kings Cross via Peterborough.

Barrier Bank runs south from Littleworth Drove (A1175) and ultimately links with the A16 to the south. The property lies on the east side of the road on the western edge of Cowbit in a semi rural location.

Tenancy:

There is an occupier in situ currently operating the forecout as a car wash paying £750 per calendar month (£9,000 per annum). Heads of Terms have been agreed for a new three year lease at a rent of £15,600 per annum subject to break options (please refer to the legal pack).

Online Auction on Thursday, 15 October 2026. For further information, such as legal documents and property information, please visit bidx1.com.