A landmark Padiham building, home to a long-established family firm, is set to go under the hammer for around £110,000.
The former Co-operative complex which has been home to Prestige Beds for 40 years will go up for auction at Manchester City’s Etihad Stadium.
Bosses at the three-generation family business are looking to relocate to more modern premises in the Burnley borough area.
Now the historic Burnley Road building, once home to a Co-operative furniture store and dance hall, will go up for sale later this month.
Joe Dunn, the owner of Prestige Beds which has four outlets in East Lancashire, said: “We have been in Padiham for 40 years. We feel it is the right time to move forward.
“But we are not just about to leave the area because we have lots of good customers here.
“We are looking to relocate to new premises in the Burnley borough area. We are looking for something that will be more user friendly and accessible for customers.”
The three-storey shop, on the corner of Mill Street, was once home to the Co-operative furniture store and a dance hall before Prestige Beds moved in.
The 641sq.m store, which backs on to the town’s old National School, has been put on the market for a guide price of between £90,000 and £110,000, according to Pugh auction house.
Prestige Beds bosses will have to wait and see if the premises is snapped up at the auction which is set to take place on April 24th at Manchester City’s stadium.
Padiham Coun. Bob Clark said: “It is quite an impressive building. It has a lot of history. It was the former Co-operative complex and upstairs there was a dance hall.
“The courtyard at the rear was the playground for the old National School which was one of the first schools in Padiham.
“Prestige Beds have made a very good job of refurbishing the building. If it sells, I hope they find someone to move into it.”