Property deal sees college offload heritage premises
FHP Property Consultants has brokered the sale of the Arthur Mee Centre in Stapleford on behalf of client Nottingham College.
The deal follows the completion of the college’s new £5.4m purpose-built centre for students with learning difficulties and/or disabilities (SLDD), The Gateway.
The funds raised from the sale have contributed towards the Grade A facility at the college’s Basford site.
Phil Daniels of FHP said: “The Arthur Mee Centre, a former Victorian school property, comprised nearly 20,000 sq ft on 1.6 acres and proved very popular when we launched it onto the market.
“We had strong interest from a range of parties including developers and existing users but in particular from the private educational sector. The property was sold to the Outcomes First Group, a provider of special educational needs training.”
Gary McGinty, head of estates and capital development at Nottingham College, added: “We thank FHP very much for their support on the sale of the Arthur Mee Centre. We achieved a great result which will benefit our supported learning students at Nottingham College. A great job efficiently executed by the team at FHP.”
The buyer, Outcomes First Group, was represented by Jack Murray at Jaxxons Group, a specialist surveyor representing businesses in the special educational needs sector.
