Wed, 22 May 2013 | COMMERCIAL PROPERTY
Stoke on Trent City Council is selling off nine former school sites around the county with ready-made planning permission in place.
Local paper The Sentinel reported that the redundant sites are potentially suitable for housing, but they may also offer commercial property development opportunities..
Cabinet members are expected to approve plans to decommission the buildings as a short-term solution to the issue, before selling them on the with the expectation of raising around £5 million.
A report to the cabinet, seen by the paper, stated: “If the sites are sold on reasonably quickly to a developer, the council will not need to demolish the buildings at all. Developers would carry out this work themselves.”
Included in the properties for sale are The Discovery Academy's north and south sites, which will be empty this September when the schools move across to the Bentilee sites after the summer.
Locals appear keen for the sites to be used for something other than housing as there have been a lot of closures of community services over recent years.
The council has invested £261 million in its Building Schools for the Future programme, which has resulted in a surplus of older buildings that are now being disposed of.
The company possesses up to 50 vans in stock on-site, with an indoor and outdoor showroom allowing it to fully showcase its stockholding. The business offers full dealer facilities, including arranged finance, optional breakdown cover and part-exchan...
LEASEHOLD
Luxury public service hire business for sale situated in the South West due to retirement. The business supplies refined and standard lavatory trailers to the event market.
The business publishes a fortnightly print and digital magazine, covering UK and international engineering industry news, machinery updates, financial insights, and company profiles. With a readership exceeding circa 45,000 globally, including 20,000...
07
|
May
|
In vitro diagnostics regulatory consultancy acquired by listed firm | BUSINESS SALE
Abingdon Health, a listed diagnostic test manufacturer based...
07
|
May
|
UK administrations update: April 30 – May 7 | ADMINISTRATION
Since our last update, the following businesses have been co...
07
|
May
|
Plant and vehicle hire group acquired out of administration | BUSINESS SALE
A Leicestershire-based supplier of specialist plant and vehi...
07
|
May
|
Plant and vehicle hire group acquired out of administration | BUSINESS SALE
A Leicestershire-based supplier of specialist plant and vehi...
07
|
May
|
UK administrations update: April 30 – May 7 | ADMINISTRATION
Since our last update, the following businesses have been co...
07
|
May
|
In vitro diagnostics regulatory consultancy acquired by listed firm | BUSINESS SALE
Abingdon Health, a listed diagnostic test manufacturer based...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.