The freehold of a 5.9-acre college campus with development potential in Worthing, West Sussex, has been put on the market.
Chichester College Group is selling the Northbrook College Broadwater Campus site to consolidate its provision in Worthing and facilitate investment in its existing West Durrington and Worthing sites.
The site, which currently houses 118,489 sq ft of education space, will continue to be occupied as a college until September 2025 with the Chichester College Group taking a short leaseback up to that date.
Steve Berrett, partner at Vail Williams, which is marketing the campus, said: “This is an excellent opportunity to acquire a rarely available educational facility in an affluent and growing Sussex town, located just 11 miles west of Brighton. 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.”
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 7 March.
