Former council building in Padiham up for auction with £250,000 guide price

The Lancashire County Council property in Padiham, which once housed the town’s youth centre as well as three shops, is to be put up for auction next week.

The three-storey, 9,000 sq ft building will appear in auction house Pugh’s online property auction on May 24 and has been given a guide price of £250,000.

The property, in Burnley Road, is home to the retailers Cartmell’s greengrocers, Tony’s sandwich shop and the Central Barbers which together produce a rent of more than £18,000 a year.

In the hallway, the walls are currently adorned in garish bright colours, leading up to the former youth club.

Upstairs in the main room is an open space which has room for two pool tables, a table-tennis table, table football, other games machines and seating.

More seating space is available in a further room with large windows throughout allowing plenty of natural light into the building.

Associate director at auctioneer Pugh, Paul Parker, said: “The former council building is a substantial and attractive property in Padiham, a picturesque town that’s seeing meaningful investment from some big names such as Lidl, which recently opened a new store in the town, creating new jobs.

“The property is a great investment opportunity and there are all kinds of new uses that it could be put to in the hands of an imaginative developer.

"Padiham’s got a lot going for it with great motorway links, and some 30 listed historic buildings, evoking its rich heritage as a centre of the coal mining and weaving industries.”

Bidding on the former council building, and the other lots in Pugh’s online property auction, opens on May 24 and closes the following day.

You can view the full catalogue, and place a bid, on Pugh Auctions' website.