Would you like to buy a multi-million pound state-of-the-art drugs research centre for just £1?
It sounds too good to be true, but apparently that's the going rate for AstraZeneca's 69-acre complex in Loughborough.
The company, which ceases operations at the site on November 30, would not confirm the figure, but admitted it was looking at a "flexible approach" to offloading the Bakewell Road plant.
However, people familiar with the situation say £1 could be enough to take ownership of the site.
The problem is the new occupier would have to fork out many millions of pounds a year to run the plant, including £2 million in business rates.
That is why AstraZeneca has found it so difficult to find a buyer in the 18 months since it announced it would be pulling out of Loughborough with the loss of 1,100 jobs.
Bosses say they have been talking to a consortium of business people for the past few months and the consortium has attracted the attention of potential Chinese investors. But a deal is no closer to fruition.
AstraZeneca is advertising the property with a major agency with the hope of attracting wider interest from other industries.
Whatever happens, business leaders and town residents will hope the site will be used for employment and not houses.
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