Oldham council bought the town’s Spindles Shopping Centre for £9.5m, it has been revealed.The town hall had announced the purchase of the Spindles Town Square Shopping Centre and the proposed relocation of Tommyfield Market into the complex last month.Council leader Sean Fielding then said they couldn’t reveal the cost as it was commercially sensitive, but described the purchase as an ‘absolute bargain’.However he made the figure public at a meeting of the full council on Wednesday night.“While we were told initially that we weren’t allowed to reveal the price for legal reasons, I’m delighted that we’ve now been given to confirm that, whilst it was bought by previous owners for over £40m, we managed to get the whole centre for £9.5m,” Coun.
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