Bolton’s largest nightclub offered for guide price of £7,500

Written by: Paul Thompson on 3rd April 2020

Bolton’s largest nightclub offered for guide price of £7,500

The 1,000-capacity Loco nightclub on Bolton’s Bridge Street is due to go under the hammer at the next North West property auction held by auctioneer Pugh later this month.

The online auctions, taking place over the 21st, 22nd and 23rd April, will feature over 100 properties and plots of land, alongside the well-known town-centre nightclub.

Loco was launched in 2013 after a £500,000 investment in what was the former New York New York club, bringing 20 jobs to the town.

The property’s spacious 10,000 sq ft over two floors made Loco Bolton’s largest club.

Now the building is being put up for sale, with a guide price of £7,500 and, say auctioneers, the potential for a new lease of life.

“This is an impressive period property with enormous potential for alternative uses, subject to any new owner gaining the relevant planning consent,” said Paul Thompson, managing director of Pugh.

“This is a great redevelopment opportunity and we hope that a strategic investor will give a new future to this well-known Bolton building.”

For further information on the club click here or to view the full April online auction catalogue, follow this link.

Written by: Paul Thompson on 3rd April 2020


About the Author

Paul is a Chartered Surveyor and member of the National Association of Valuers and Auctioneers (NAVA). He is also one of the few auctioneers in the country with a position on the RICS Real Estate Auction Committee.

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