A historic Bolton building is set to be auctioned off to the highest bidder. The former Bradford and Bingley bank building in Oxford Street has been given a guide price of £200,000, ahead of an online auction later this month.
Unit 1 Victoria Plaza was a department store before turning into a bank. The upper floors of the four-storey building have also been used as offices in the past.
It will be one of 75 lots listed at an online auction by Pugh on April 26. Other properties inviting bids in Bolton include flats, houses and a vacant shop unit in Breightmet.
READ MORE: Inside the super cheap three-bed home on the market with a guide price of just £19,000
According to Pugh, the Victoria Plaza building has suffered from water ingress, with the roof and the upper floors both described as being in poor condition. Pugh said that the upper floors of the 8,500 sq ft building could be converted into homes if planning consent was gained.
Paul Parker, associate director at Pugh, said: “The property is in a great town-centre location right next door to the magnificent Bolton town hall and there is a huge range of potential new uses for it, subject to any new owner obtaining the necessary planning consent.
“Bolton has a multiple ambitious regeneration schemes underway, including the College of Medical Sciences development in Farnworth and Crompton Place, which will be key to the £1.5bn transformation of the town centre. There are lots of exciting changes happening in Bolton and it looks to be a sound place to invest.”
Bidding on the Victoria Plaza property, and the other lots in Pugh’s online auction, opens on 26 April and closes the following day. To view the full catalogue, visit the Pugh website.
