Abandoned Sidcup Blockbuster site, with £2million guide price, purchased by Bexley council
PUBLISHED: 12:56 02 August 2017 | UPDATED: 14:03 04 August 2017
Documents suggest the building could be used for housing
An abandoned relic of days gone by when people would queue up to rent DVDs, videos and games has been purchased by Bexley council.
The former Blockbuster store at 106 Sidcup High Street, which has a guide price of at least £2million, has been bought up by the council as it looks “improve the vitality of the town centre”.
So far the council has remained coy on what it plans to do with the site, based right on the corner of the junction with Elm Road.
But documents from the estate agents offering to sell the site say the building could be used for up to eight apartments, keeping the shop space open downstairs.
The council has already granted planning permission for a first and second floor extension to provide two one-bedroom and six two-bedroom apartments at the site, along with changes to the shop front, to remove the Blockbuster signage.
Space for parking alongside the residential development has been allowed in the planning permission.
The unit has remained empty for several years and the town has recently secured a Business Improvement District to help improve the town centre.
Linda Bailey, cabinet member for regeneration and growth, said: “We are very optimistic about the future of Sidcup and believe that developing this unit will help demonstrate how the town can continue to develop in a positive way.”
Despite the hefty price tag, the borough’s Labour councillors have echoed their support for the move.
Labour leader Daniel Francis said: “In order to promote regeneration across the borough, the council will need to pay market prices in order to develop sites, and that this is likely to reflect market prices for a potential development site.”
Councillor Danny Hackett, who ran for the Old Bexley and Sidcup seat as Labour candidate at June’s general election, said: “We welcome the council implementing Labour’s strategy of purchasing key assets across the borough. We look forward to seeing the plans emerge for the long-vacant Blockbusters site in Sidcup, and hope whatever is planned aids the overall regeneration of the high street.”