FORMER premises of a Chorley shopfitting business that went into administration last summer have been sold for more than £700,000.
And two Chorley firms are moving into the buildings after clinching deals for them.
Shop fitter Naylor & Walkden Ltd in Adlington entered into administration in July 2012 with the loss of 57 jobs.
A former 18,332sq ft headquarters, which incorporates offices, workshops, a storage yard and two-bed house on Hatton Street, Adlington, has been sold to Chorley-based Shutter Door Services for £495,000.
An old Methodist church and Sunday school on Market Street, Adlington, extending to 6,066sq ft and previously used as retail and storage premises by the business, has been acquired by Coppull-based Chorley Bottle Gas for a sum of £219,000.
The administrators were called in at well-known construction firm Naylor and Walkden, Hatton Street, which had a turnover of £18.3m.
Talks between company bosses and administrators KPMG reached a deal to close the construction business – but save its shopfitting arm.
A total 28 members of staff in the shopfitting side, now trading under Naylor and Walkden Fit-Out Limited, were saved.
Administrators said the firm was symptomatic of the prolonged turbulence within the economy which had affected both main contractors and the supply chain as a whole within the construction industry.
Shutter Door Services was set up 14 years ago by Ken Murray based in Yarrow Road, Chorley.
The company moved into the former Naylor Walkden premises in Adlington last Monday.
They manufacture multiple use manual and electric roller shutter doors
Company spokesperson Adele Tatlock, said: “The joinery business part of the site, we have made into a new manufacturing unit.
“Fourteen offices are going up for rent either on an individual basis or if anyone wants to take over them all.
“They will be advertised shortly by a local company that is going to market them for us.
“We’re glad we’ve got the chance to move the business to a bigger site. There’s a lot of potential there.”
Steven Ball, who runs Chorley Bottle Gas, said: “We’re really going to expand our operation on the balloon side.
“We’re moving our whole office and balloon shop from Coppull to the church at Naylor Walkden. We’re also going into the fancy dress market and we’ve just taken on a balloon shop manager.
“Our offices and bottle gas will be run at the rear of the church.”
He said a small area at the Coppull site would still be used for the storage of gas, and the move to Adlington would take place in the spring.
Chorley MP Lindsay Hoyle: “I think this is welcome news. Times are hard but it shows Chorley is a good place for business. People are willing to invest and expand in Chorley.”
Property consultants Sanderson Weatherall sold the premises.