This google ariel view indicates that it is on 'the land behind Catlow Hall St'
Accrington BB5 3BT, United Kingdom - Google Maps
which appears to be up for sale - see thread
http://www.accringtonweb.com/forum/f...eet-58194.html
Land for sale in Stone Bridge Lane, Oswaldtwistle, Accrington, Lancashire BB5, BB5
"The land fronts Stone Bridge Lane to its southern boundary and was formerly occupied by Rhyddings Works. Parts of the works have now been demolished"
The logical conclusion is that it is owned by the same man who owns Rhyddings mill and can't afford to demolish it (allegedly)