Tue, 03 Jan 2017 | COMMERCIAL PROPERTY
Six former library buildings in Lancashire have been put up for sale as part of the county council's plans to save £146 million following government budget cuts.
Former libraries in Barrowford, Bolton-le-Sands, Earby, Freckleton, Fulwood and Whalley will be put on the market as Lancashire County Council looks to make “massive savings” while still providing residents with “access to good services”.
The buildings were initially offered to other public sector organisations to see if they could use the buildings for their own services.
The council’s strategy is to reduce the number of buildings it owns and rents, with existing services provided at buildings known as “neighbourhood centres”.
County Councillor David Borrow, deputy leader of the county council, said: "These buildings are the first to go on sale following the county council's decision to change how we deliver our services, and develop new neighbourhood centres with services designed for local needs.
"We’re faced with a very difficult budget position. In 2020/21 we will have a funding gap of £146 million as a result of ongoing government cuts to our budget and rising demand for services.
"We looked into options for community groups to take on responsibility for these buildings, but unfortunately no viable plans came forward, so we're looking to sell these buildings and bring in additional revenue.”
Find commercial property for sale.
This is a chance to acquire a longstanding and reputable manufacturer of modern concrete garages, with roots dating back to the 1940s.
This well-established haulage company in West Yorkshire offers a strategic location with easy access to major motorway links and a strong, loyal client base developed over 20 years.
This is a rare opportunity to acquire this thriving motor vehicle repair, MOT, and service centre. This professionally run business currently provides the majority of its services to private customers with a small amount of commercial work, which pro...
04
|
Apr
|
WPP buys data collaboration platform InfoSum | BUSINESS SALE
WPP has bought data collaboration platform InfoSum to boost ...
03
|
Apr
|
Cambrian Training Group chooses employee ownership | BUSINESS SALE
Cambrian Training Group is celebrating its 30th birthday by ...
03
|
Apr
|
Mobeus sells investment in Star Brands after boosting EBITDA by 15X | BUSINESS SALE
Equity investor Mobeus has sold its investment in Star Brand...
17
|
Oct
|
Preston's historic Park Hotel put up for sale | BUSINESS SALE
As part of budget cuts by Lancashire County Council, one of ...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.