The main building that was left vacant by the collapse of the Thornton Trust in 2010 – the former Wellworth premises – has been sold.
The ‘sold’ sign went up at the weekend, but the agents – Lisney of Belfast – are giving nothing away as to the identity of the buyer.
Portadown man David McNellis, agency director at Lisney, has been unavailable, although he did say they were delighted to have completed the deal.
Several buildings and sites were affected by the Thornton collapse, which left the charity £12m in debt and later on property developer Adrian Nicholl, who represented the firm, was declared bankrupt.
Lisney have managed to sell the property across High Street from Wellworths, as well as properties like the half-finished Thomas Street flats and the old Thornton Wholesale business.
The Thornton Trust was set up by members of a long-established Portadown Methodist business family to support good causes like medical research and education.