“The landlords are quite happy it didn’t sell in the end, because there’s so much good stuff coming out of the shopping centre,” he said.
“They’ve decided now to focus on the opportunities and see what they can do with it.”
Idlewells first opened in November 1971 as an open-air market, and now features 40 shops, a cafe, three kiosks and a multi-storey car park across 150,000 sq ft.
It had been expected to sell for between £3.25m and £3.5m at the auction, but Mr Deisner said it was now worth at least £3.8m.
“There’s a lot that’s going to happen there in the next 12 months,” he said.
“We’re [also] looking for ideas from the locals about what they want to see.”