Bridge Buildings in Bideford are being sold by Torridge District Council as part of its cost-cutting transformation.

Torridge District Council has placed a prominent Bideford building on the market for half-a-million-pounds.

Bridge Buildings is being offered for freehold sale at £500,000, or leasehold use at £45,000 per year.

The disposal of the building, which formerly housed council officers, is part of the cost-cutting 'Transforming Torridge' programme.

The council has owned the freehold of the historic buildings since 1974 but there has been a building on this site since 1689.

Councillor James Morrish TDC lead member for the economy, said: "The sale or lease of Bridge Buildings is an important next step in the council's plans to move its operations to a single site.

"However it is also a fantastic opportunity to revitalise the economy in the town through new ownership and further development.

"There is potential for a variety of uses as existing offices for a large company headquarters or for other commercial uses such as catering, serviced offices or even an art hub.

"Alternatively there is also a potential to convert the accommodation to residential apartments and build out luxury units overlooking the river, subject of course to planning permission and listed building consent.

"It's certainly a rare opportunity to acquire such a landmark and iconic building in a unique and attractive location overlooking the river Torridge and historic Long Bridge.

"The redevelopment of this site and Brunswick Wharf will undoubtedly bring jobs and further prosperity to the town."

The building is currently set out as office accommodation on four floors as well as having a cellar below.

The office suites to the front and rear, are connected by an impressive central staircase and lift, and in all there are circa 7,700 square feet benefiting from central heating and having been re-furbished in 2012 and previously remodelled.

The property and freehold is being offered for sale or the whole to rent and a full brochure with floor plans is available from Webbers Commercial. Contact Tony Foster, on 01271 347888.