Northbrook College’s site in Broadwater, Worthing, has been put on the market ahead of its merger with its West Durrington site in a years’ time.

Last year, Andrew Green, chief executive of the Chichester College Group which runs the college, said the decision was made to shut the campus because of soaring costs and the “inefficiency” of having three large sites in the town.

Courses which are currently delivered at the Broadwater campus will be taught at other Chichester College Group campus sites in the Worthing area including the West Durrington campus and Worthing College.

Chichester College Group chief operating officer Jon Rollings said: “Like all businesses, we have had to make decisions that maximise our assets and rationalise our space.

“The proceeds of the Broadwater Campus sale will be reinvested into our Worthing-based college sites, providing better facilities for young people, apprentices and adults to study and develop their skills.”

Property consultancy Vail Williams is inviting freehold bids for the site.

The premises will continue to be occupied as a college until September 2025 with the vendors taking a short leaseback up to that date.

The vendors are seeking the freehold sale of the whole site (consideration to sale in part) with a strong preference for unconditional offers. The bid deadline is 2pm on March 7.

There has been an educational establishment on the site since 1912 with West Sussex College of Art and Design becoming Northbrook College Sussex in 1986 and, following mergers, forming part of Chichester College Group in 2022.

To the rear of the site, which has buildings totalling approximately 118,489 sq  ft, there is green space, a sports court, engineering workshops and around 130 car parking spaces.

Vail Williams said the land has development potential.

Company partner Steve Berrett said: “Worthing’s unique location, being nestled between the South Downs and the sea, creates an attractive redevelopment proposition.

“The site will likely appeal to a wide range of purchasers and end users, including educational providers, care homes, property investors, and alternative commercial occupiers looking to take advantage of the existing building accommodation.

“There are excellent redevelopment and repositioning opportunities here, subject to planning, with three positively received, architect-designed pre-application masterplan options for educational, care home and residential uses.”





Source link

[Featured]

[Just In]

Share.
Leave A Reply

© 2024 The News Times UK. Designed and Owned by The News Times UK.
Exit mobile version