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 company specialises in supplying the highest quality natural stone products, offering a complete turnkey solution to its customers from sourcing, through to processing, design and final distribution and delivery. Offers invited.
RELOCATABLE
Precision Engineering Business for sale operating with a modern, well equipped machine shop, offering Engineering Development Modelling (EDM), CNC turning & milling, grinding, boring and fitting. Offers invited.
LEASEHOLD
High quality practice with strong middle management on the market for the first time. Established: 25 to 30 years. Strong middle-tier management to support acquirer throughout the transition period and on an ongoing basis. Locations: Cheshire, Mersey...
|
20
|
|
Sep
|
Thomas Cook seeking 'last-ditch' fire sale | BUSINESS SALE
Thomas Cook Group is reportedly trying to piece together a l...
|
19
|
|
Sep
|
Smith & Williamson and Tilney to merge | MERGER
After revealing in August this year that talks were in place...
|
18
|
|
Sep
|
Infrastructure investment manager takes stake in LJLA | BUSINESS SALE
Infrastructure investment management group, Ancala Partners,...
Sign up to receive our acquisition alert emails to get your FREE guide
|
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 your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources