The Regal was featured in the BBC TV programme “Homes Under the Hammer” on 31/01/07, where it was sold at auction for £181,000 to a property developer. His initial idea was to insert two floors in the existing structure to provide retail space, offices and flats. This work was estimated to cost a million pounds. Four months after the auction, the building still stood derelict and as the planners have earmarked the local area as a regeneration zone, a more financially viable alternative may be to demolish and build on the site. A case of watch this space.
The Regal was featured in the BBC TV programme “Homes Under the Hammer” on 31/01/07, where it was sold at auction for £181,000 to a property developer. His initial idea was to insert two floors in the existing structure to provide retail space, offices and flats. This work was estimated to cost a million pounds. Four months after the auction, the building still stood derelict and as the planners have earmarked the local area as a regeneration zone, a more financially viable alternative may be to demolish and build on the site. A case of watch this space.