After acquiring the building for £2m in 2017, developer Stable Vast has secured consent to convert Fairclough House on Church Street in Addlington from offices to 56 apartments.
The 3.1-acre site, which includes 36,500 sq ft of offices along with a 5,400 sq ft warehouse, was acquired for over £2m by the company in 2017 with intent to retain the existing tenant, financial consultant Fairpoint. However, these plans were amended after Fairpoint entered administration.
The office had been marketed through Colliers, OBI, and Eckersley Property since 2017, but there has been little interest, and it has since fallen victim to vandalism.
According to the proposals, the change of use has been brought forward as there is “little prospect of attracting a commercial tenant” and the developer wishes to explore alternative uses.
The proposals are for 16 one-bedroom apartments and 40 two-bedroom apartments along with 56 car parking spaces.
Prior approval was granted almost unanimously, with only one abstention.