Wisbech Gateway, the major undeveloped roadside site on the southern edge of Wisbech, has been remarketed under new agents following the administration of several companies connected to the Godwin Group.
The 8.5-acre site, beside the A47 Wisbech Bypass around 1.5 miles south of the town centre, is now being marketed by Watling Real Estate, the UK’s largest specialist real estate restructuring practice.
Administrators were appointed after financial difficulties emerged within Godwin Capital, the investment arm associated with Godwin Developments.
The Wisbech site is listed as “under offer” on Watling’s website, though the firm continues to invite interest, including conditional proposals.
New agents in place
Alex Sweetman, director at Watling Real Estate’s Leeds office, said the Wisbech sites and others were expected to generate strong interest.
Watling Real Estate specialises in restructuring and insolvency-related property instructions.
Strategic site with planning permission
Wisbech Gateway occupies a roughly triangular, 8.5-acre site flanked by the A47 to the south and Cromwell Road (B198) to the north-west.
Outline planning permission was granted in 2024 for a flexible development including industrial units, a petrol filling station with ancillary retail, drive-through and drive-to food outlets, a hotel, infrastructure, landscaping, and parking.
The site benefits from high visibility and an estimated five million vehicle movements passing each year.
Godwin Developments background
Wisbech Gateway was originally promoted by Birmingham-based Godwin Developments, founded in 2003. The company expanded nationally across residential, industrial, and commercial sectors and delivered schemes for well-known retail, food, and logistics brands.
Godwin Capital, the associated fundraising arm, raised money from private investors via loan note products. In June 2025, several Godwin Capital companies entered administration, with MHA appointed as administrator. Administrators are reviewing company finances, assets, and creditor claims, including those of loan note holders.
Investor losses acknowledged
The administration has resulted in losses for a significant number of private investors. Estimates suggest total losses across Godwin Capital schemes could exceed £100 million.
Many investors believed their funds were secured against property or legal charges, but administrators have indicated that security was often limited or structured differently.
Administrators’ work is separate from the marketing of individual sites such as Wisbech Gateway.
National Fraud Helpline involvement
Some investors have sought advice from the National Fraud Helpline, operated by SRA-regulated solicitors Richardson Hartley Law.
The firm is advising groups of Godwin Capital investors on potential recovery options, including complaints to banks and the possibility of coordinated legal action.
Guidance is provided on a no-win, no-fee basis and considers each investor’s circumstances, including how investments were made and whether UK-regulated banks were used.
Future for Wisbech Gateway
Despite wider financial issues affecting the original developer, the Gateway site remains one of Wisbech’s most strategically located commercial opportunities.
With planning permission and approved access in place, property professionals say the site could be delivered by a new owner or development partner, potentially in phases, providing employment and service uses along the A47 corridor.
Administrators continue to manage the broader Godwin Group assets, while investor issues are addressed separately through legal and advisory channels.
Godwin Capital Administration: At a Glance
- What is Godwin Capital?
The fundraising arm of Godwin Developments, offering loan note investments to private investors to support property projects. - Why is it in administration?
Several companies entered administration in June 2025 after financial difficulties. MHA was appointed to protect the companies while reviewing finances and maximising returns for creditors. - Impact on investors
Administration protects the company while assets are reviewed. Proceeds from sales are distributed according to insolvency rules. Losses are possible depending on asset sales and creditor ranking. - Estimated losses
Investor losses across Godwin Capital schemes could exceed £100 million. Security against assets or charges was often limited. - Support for investors
The National Fraud Helpline, operated by solicitors Richardson Hartley Law, provides guidance on recovery options, including bank complaints or coordinated legal action, on a no-win, no-fee basis. - Next steps
The administration is ongoing. Further updates will follow as assets are sold and creditor claims assessed.
