Details of council's building purchase revealed (opens original article in a new tab)

Sheffield City Council is purchasing a building in Stocksbridge for £636,100 to support a regeneration project, as the Towns Fund Board needs more time to establish charity status before buying it directly.

• Sheffield City Council will pay £636,100 for a building in Stocksbridge.
• The council is purchasing the property to prevent it from being taken off the market and to support a regeneration project.
• The purchase is temporary, with the council holding the property for six months to allow a Towns Fund Board to buy it later.