“Stay of execution” for plans to buy former care home
APPLEBY’S former Edenside care home has been withdrawn from the auction in which it was set to be sold.
The property, in Holme Street, was listed on the Pugh auction site to be up for offer at an auction in Manchester.
However, it has been withdrawn by its owners, Cumbria County Council. A spokesman for the council said the sale by auction had been deferred until October “to allow more time for discussions with any interested parties”.
The move has been labelled a “stay of execution” by Oaklea Trust chief executive Clive Wigney as the trust continues in negotiations to buy the building.
The trust hopes to carry out extensive renovations at the former care home to turn it into an 18-unit extra care housing facility.
A deadline for bids for the purchase of Edenside was originally set at 27th January. This was later extended to 31st March and has now been moved back further.
Mr Wigney said the Oaklea Trust had put in a bid for the purchase of the building alongside an application to Cumbria County Council for grant funding to help pay for the renovation work needed.
“The sale has been deferred by Cumbria County Council to continue negotiations to agree a final price and the terms of a grant.”
He added that negotiations are set to be around the grant funding application, with the county council indicating that Oaklea are looking for too much money.
The trust will now look to alternative funding options to try and reduce the amount needed from the county council grant.
“The great news is that rather than rejecting it and putting it to auction we have a stay of execution to October to continue negotiations,” he added.