Artisan Real Estate, who was successful in their bid for Reading Gaol, has pulled out of the purchase. Campaigners are hopeful that the Ministry of Justice may have a change of heart and let Reading Borough Council convert the prison into an arts and cultural hub.
Reading Prison sale falls through as developer pulls out
The sale of the Grade II-listed Reading Prison has fallen through.
Reading prison sale: Who are Artisan Real Estate and what happens next?
The developer whose bid to buy Reading Prison was accepted by the government has now pulled out of buying the historic site.
This has renewed our hopes of an Arts and Cultural hub.