Up for auction on July 18, the Regent Theatre is attracting the interest of prospective buyers and the Property Shop’s Hugh Bateman believes interest is only going to get stronger.
There have been a number of inspections over the past week, he said.
“It has mainly been people from away from this area that have been looking and I am anticipating further inspections next week as we start advertising in the metropolitan papers,” Mr Bateman said.
Mr Bateman said the potential buyers weren’t giving up their plans for the building.
“They are holding their cards pretty close to their chest. Some have looked at it from a commercial view but (the building) lends itself to other uses,” Mr Bateman said.
Mr Bateman said it was sad to see the building sold when it could be purchased and used by council.
“The theatre is a Mudgee icon and it is a pity to see it (sold). It could be utilised for something else and then you lose an opportunity for the community.
“(Purchase of the theatre) is a cheaper alternative than building another facility they may require now or in the future,” Mr Bateman said.
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