Business news: Morecambe’s Arndale to go to auction with £2m starting price

  • 📰 leponline
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Morecambe’s Arndale Centre is to be auctioned off with a guide price of £2m.

Chorley rugby player left with fractured eye socket after being punched during Blackpool matchIt has been billed as suitable for longer-term redevelopment, subject to the existing leases and obtaining all the necessary consents.Did you know with a Digital Subscription to Lancashire Evening Post, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more.

The development is being sold as a freehold venture and is due to be sold via online auction on October 31. https://www.allsop.co.uk/lot-overview/freehold-town-centre-shopping-centre-investment-in-morecambe/c231031-027?searchid=uz8qg3dGVnqaJEnOmqMkmo6hMQZBAeNBIXLkch5BF+U%3D&idx=1#venue It could be the latest redevelopment project in the area after Eden Project Morecambe was awarded £50m in the second round of the UK Government’s Levelling Up Fund. In a partnership with Lancashire Enterprise Partnership, Lancaster University, Lancashire County Council and Lancaster City Council, the £100m scheme is planned to open towards the end of 2026 and is expected to bring a lot of trade to the area.

The news of the centre being up for auction comes 18 months after it was revealed the centre was up for sale for £5m.Did you know with a Digital Subscription to Lancashire Evening Post, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 50. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Donald Trump arrives in court for trial scrutinising his business practicesNew York attorney general Letitia James said ‘no-one is above the law’ on her way into the courthouse.
Source: LBC - 🏆 17. / 74 Read more »