Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, February 16
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Council set to decide future of Mill Road Library
    Property

    Council set to decide future of Mill Road Library

    October 14, 20242 Mins Read


    Cambridgeshire county councillors will discuss seven bids for the former library in Mill Road Cambridge this week.

    The council’s assets & procurement committee will discuss the bids on Tuesday, October 15 after the building was marketed by Gerald Eve with a guide price of £700,000.

    A total of 26 viewings took place before the bids were made, two of which were community bids. Officers have recommended one bidder with a strong community arts focus.

    The Grade II-listed, late 19th Century building was put back on the market earlier in the year, after the previous preferred bidder, a charity which had planned to use it as its head offices pulled out.

    It has been owned by the county since the 1970s but closed in 1996. It was leased to a Hindu association until 2019 and then temporarily let to the Hill Group until early 2023.

    Its Use Class F means the building can only be used as a school, museum, gallery, library, hall, place of worship, training centre or similar non-residential facility. The council is legally required to obtain what is known as ‘best consideration’ for all building sales.

    As an Asset of Community Value (ACV) the sale of the building has to follow a process involving community bids which has been managed by Cambridge City Council.

    Cllr Ros Hathorn, chair of Cambridgeshire County Council’s assets & procurement committee, said: “We are keen to ensure the future of this notable historic building. It’s been several years now since Mill Road library served the community – and nearly 20 years since the last books were issued.”

    “We were pleased to see a high level of interest in the building from a variety of bidders and to see more than one bidder with a community focus.

    “I’d like to reassure local residents that any decision on the future use of the building will be subject to environmental and social considerations, as well as the financial offer made.

    “We look forward to hearing about the bids that have been made, as we look to find an appropriate long-term guardian for this listed building.”

    © Eastern Echo (powered by ukpropertyforums.com).

    Sign up to receive our weekly free journal, The Forum here.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous Article8 Best Crypto Investing Strategies to Follow – Mudrex Research Team
    Next Article Asia report: Most markets rise despite China disappointment

    Related Posts

    Property

    UK housing stock reaches new peak of £9.18 trillion

    February 15, 2026
    Property

    China expands oversight of major banks amid property sector risks

    February 15, 2026
    Property

    China’s Home Prices Decline Continues Amidst Weak Demand, ETRealty

    February 13, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Investing

    Strong aftermarket demand drives Bernstein’s outperform rating on StandardAero stock By Investing.com

    October 28, 2024
    Finance

    Pinnacle Financial Partners (NASDAQ:PNFP) Has Announced A Dividend Of $0.22

    July 20, 2024
    Finance

    Stocks rise as big bank earnings roll in

    July 12, 2024
    What's Hot

    Bitcoin ETF Options Stalled As Nasdaq And NYSE Hit The Brakes

    August 18, 2024

    Bitcoin’s Roller Coaster Ride: First Annual Loss Since 2022

    December 31, 2025

    Spot Bitcoin ETFs see outflows of $127m led by ARKB’s largest negative flow to date

    August 28, 2024
    Most Popular

    Ether Gets $3,700 Target as Bull Market History Repeats Against Bitcoin

    December 5, 2025

    Today’s markets: Pharma and miners drive the FTSE

    September 29, 2025

    Brazil Sets August Hearing for National Bitcoin Reserve

    August 5, 2025
    Editor's Picks

    Market takeaways, consumer data, activist investing: Asking for a Trend

    August 16, 2024

    Bitcoin Hyper News: DeepSnitch AI Shows 100X Presale Potential Compared to Ethereum

    January 20, 2026

    Le bitcoin rechute sous les 100’000 dollars -Le 27 janvier 2025 à 10:30

    January 27, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.