Investors have shown an interest in buying the Co-op building in Huddersfield.
But councillors were last night warned that the council could be expected to find the money to fix the prominent building’s problems.
Clr Linda Wilkinson, Lib Dem, asked Cabinet members for an update on the council’s plans for the Co-op building, a key site on the town centre ring road that was lately a nightclub.
Clr Peter McBride, Cabinet member for Place, pictured, said: “Things are moving on, there are three or four investors who have seriously looked at the building and want to invest in it, they have a number of different propositions.
“The building needs regeneration and work to get it into some sort of shape.
“They are not going to do it unless we address the cost of the building repairs. It may mean we have to come cap in hand back to the council to ask for investment.
“But it will help the regeneration of that town and it’s something we will have to consider doing.”
He said that the money may well prove worth it as it may enhance that part of the town centre.
Clr Linda Wilkinson said she welcomed the news and said it would help boost an area of the town centre which is prominent.
The building was opened in 1936 and built to designs by architects W A Johnson and J W Cropper.
In later years it was used as the Heaven and Hell nightclub until December, 2004.