A weekly newspaper office has failed to sell after going to auction last week.
The Bridlington Free Press’s building on Prospect Street went to a property auction with a reserve price of £120,000 but was not sold and remains on the market.
HTFP reported earlier this year that the title had put its offices up for sale for £185,000 because the premises were “too big for our requirements”.
At the time, the paper said it was looking for new premises in the seaside town and its reporters would be out in the community more as they prepared to leave the old building.
The building is one of one of many across the UK which regional publisher Johnston Press is trying to sell, which could raise more than £8m in total.
On a JP property website, the Free Press’ base is described as a mid-terrace two-storey building with shops on the ground floor and first floor offices.
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Ohhhh, Looks like it would make a lovely little newspaper office for some committed publisher to engage with their audience, support their local economy and be woven in to the very fabric of community life with a duty of care and respect for their customers.
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Maybe if they advertised it on a decent property website…
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I hope Ashley Highfield isn’t banking (no pun intended) on getting the asking price on all these properties.
No takers at £65,000 below the guide doesn’t look good. You would think times are tough out there.
If you want any tips on the property market Ash just ask any of your ex-staff who watches Homes Under the Hammer (10am BBC1 weekdays) though I still reckon BetFred would be interested, with punters passing the door on the way to Coral.
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Could try Homes Under the Hammer!
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I do like Brid, but for the life of me I can’t see what business would possibly want that location
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Not much hope for the more run down or larger buildings then.
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