Supermarket to sell financial landmark

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A Yorkshire MP is appealing to investors after a supermarket giant decided not to open a store on the former headquarters of Bradford and Bingley.

Shipley MP Philip Davies said the announcement ended months of uncertainly about the future of the site in Main Street, Bingley, which was bought by Sainsbury’s in 2010.

Andrew Sanderson, Sainsbury’s development manager, said: “Sainsbury’s has made the difficult decision not to go ahead with a store on this site. Although we have worked hard to make a store work on this site, the current commercial environment makes developing complex town centre sites more challenging than a few years ago.

“We know how much the people of Bingley wanted us to build in their town and we are actively looking for smaller sites in the area. We are with immediate effect looking to sell the site so that it can be redeveloped as soon as possible.”

Mr Davies, whose constituency includes Bingley, said: “Although it is disappointing that Sainsbury’s will not be building a store in Bingley, it is better that we know this sooner rather than later and so I am pleased I pressed them to make a decision.”

Mr Davies met with Sainsbury’s bosses on Thursday and urged them to knock down the building to ensure a quick sale.

He said that the priority now is to see the site sold as soon as possible so that it can be developed.

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