If the purchaser is offering ?10 million, I suspect he is buying it as a going concern without the intention to demolish.
really? I would have thought the opposite. How could a small-ish specialist venue ever make that money back?
It is more likely that a large developer would consider the footprint large enough to go for a much larger building with several stories and therefore recoup this money, but I could be wrong.
I certainly hope it does not go. I've always wanted to look inside but never yet had the opportunity