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College campus with development potential

Worthing, United Kingdom

65%

Offers invited

Special purpose

#33810

Value-Add, Opportunistic

27 Oct 2024

Property Details

Broker

Deactivated

118,489 sq.ft.

11,008 m²

Gross area

1

Freehold

X

Fees

0.00 %

0.40 %

0.40 %

Investment Overview

The site, with buildings totalling approximately 118,489 sq ft, is in a prime central urban location just to the north of the town centre. The premises will continue to be occupied as a college until September 2025 with the vendors taking a short leaseback up to that date. On site is an established educational college campus with a combination of new build and fully refurbished legacy buildings, along with some unused buildings to the west of the site. To the rear of the site there is green space, sports court, engineering workshops and an around 130 car parking spaces.