Flagship Centre Bangor
The Flagship Centre ...another area with great development potential.
There's not an awful lot I can say about this at the minute other than the administrator charged with the insolvency process on behalf of the owners released a 3rd update on 5th January2021.
The administrators released a statement saying “...negotiations are ongoing with one party. These discussions are highly complex and time consuming due to the size and nature of the asset that is being marketed for sale.
… but will report the outcome of the sale once and when it has been completed”.
These negotiations are required to be completed by June this year so if successful we will hear some good news within the next few months.