The Friends of the Old Town Hall were alerted this week to the collapse of the company which bought the Old Town Hall in 2019 and had ambitious plans to restore it for a variety of uses. The reasons for the collapse aren’t yet clear but receivers have been appointed and we understand from the Star’s website report that they are advertising the building for sale at what described as a ‘guide price’ of £1.35m.
Sadly the future of the Old Town Hall is up in the air and we can’t be confident, we feel, of a sale at that or any price, given what we know about the costs of restoration – you’ll recall that we had this costed back in 2017. The property agents say they have had ‘huge interest’ in the building.
The Friends will be keeping a very close eye on developments and we’ll let you knw what happens. The City Council has been taking a much more active interest in the potential regeneration of Castlegate as a whole and we expect them to take an active interest, and we’d hope an active role, in making sure the Old Town Hall isn’t left on the scrapheap again.
We’ll be in touch just as soon as we have more to report.
Friends of The Old Town Hall 