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Buildings sold to mystery buyer
Wednesday 22nd August 2007, 11:47AM BST.
Some of Wolverhampton’s most prominent city centre buildings have been sold, the Express & Star can reveal today.
Bosses at Wolverhampton University have accepted offers for three of its city centre buildings on Lichfield Street and Stafford Street but are remaining tight-lipped over the identity of the new owners.
The move has been welcomed by the city’s regeneration officials but there are calls to ensure those behind the sale have Wolverhampton’s continued renaissance at heart. Hundreds of staff and students used the historic buildings for a variety of general teaching classes.
But the facilities are being moved to a £10 million landmark building in Camp Street near Molineux which will open later this year.
Read the full story in the Express & Star.
Some of Wolverhampton’s most prominent city centre buildings have been sold, the Express & Star can reveal today.
Bosses at Wolverhampton University have accepted offers for three of its city centre buildings on Lichfield Street and Stafford Street but are remaining tight-lipped over the identity of the new owners.
The move has been welcomed by the city’s regeneration officials but there are calls to ensure those behind the sale have Wolverhampton’s continued renaissance at heart. Hundreds of staff and students used the historic buildings for a variety of general teaching classes.
But the facilities are being moved to a £10 million landmark building in Camp Street near Molineux which will open later this year.
The new building will showcase one of Wolverhampton’s most important gateways from the north of the city. It will cover four storeys and will be made of glass and terracotta. Roger Williams, director of facilities at the University of Wolverhampton, said: “We have accepted offers for the buildings in Stafford Street and Lichfield Street and the legal processes associated with the sale are continuing.
“Staff are in the process of moving into the new building and there will be an official opening at a later date.”
Bushbury North councillor Neville Patten, Conservative spokesman for regeneration and transport, said: “It is good news that these buildings are going to be used but despite inquiries, we are still waiting to hear who has got the building. All I can hope is that whoever is coming in has got Wolverhampton at heart and is going to improve that area.”
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Well let us think about this. Who would buy City Centre premises unless they could see some profitable way to use them? Their use would be subject to planning controls, so what is the mystery? Perhaps the new owners have some grandiose development scheme up their sleeve?
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hopefully the buyers will invest and redevelop this quickly – delivering more jobs and entertainment facilities to wolverhamptons heart
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probably more “luxury” apartments that people can’t afford.
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hope it’s going to become social housing – there’s a definite need in the area….
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Who cares Wolverhampton is a horrible city full of vile drunken louts!
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I agree with Doctor What
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Somehow I can’t imagine any kind of up-market development in Stafford Street-and I can remember when the present buildings were brand new!
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Welcome back Doc! You’ve been missed!
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Let’s hear it for the Doc! What have you been doing lately?
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“Important Gateway”
Makes it sound like Jerusalem!
Kepp your eye on the bounders Wattie, we all miss you.
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RPC said:
A fellow named Holland says “Who would be rash
To buy property, unless to make cash”
I doubt they would choose
To buy it to lose.
That is What I would call trash
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How refreshing to recognise the familiar cadences of a voice from the past – Hi Doc, how ya doin?
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