A COLNE Valley pub could be yours - for just £1.

The company running The Armitage at Milnsbridge has advertised the lease for sale at the rock-bottom price.

And a number of people are said to have already shown interest.

Denis Cope, of leasing company Fixtures & Fittinns, said his company was seeking to sell the lease because the pub no longer fitted with its business.

He said: "We are based in Doncaster, where we have five pubs.

"The Armitage is our only pub in Huddersfield and I just don't have the time to devote to it.

"We have no other business interests in Huddersfield, so we want to find someone else to take on the lease."

Added Mr Cope: "It is costing me money to come up there - when someone else could be making money with it."

Mr Cope said the pub manager had no interest in taking the lease for the pub, so the lease had been advertised.

Mr Cope said the asking price of £1 for the lease was a genuine proposal - although the buyer would have to meet legal fees estimated at £2,000 and probably pay about £1,000 for stock and glassware.

Leasing agent Keith Vear said: "We have had a few responses to the advert.

"It won't suit everyone, but a number of people are asking about it and I will be contacting them again in the next few days.

"The Armitage is a local pub with a bar, a pool table, a pool team - and a lot of potential."

He said: "It needs someone with a lot of enthusiasm. It would be an ideal first pub for someone wanting to learn the ropes."

The Armitage was bought by Staffordshire-based pub group Punch Taverns in 1999 when Fixtures &Fittinns took the lease.

The pub, then called The Armitage Arms, hit the headlines when regulars protested at plans to rename it The Cask &Cotton.

More than 100 local people signed a petition objecting to the name change - because of its reference to the Lancashire textile trade in a village proud of its wool textile roots.

The pub was re-opened as The Armitage in July, 1999, after a £90,000 facelift which included a new roof and floor.