Specialist in Basildon available for sale
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Specialist Property for Sale near the Basildon, UK

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Specialist Properties for Sale Within 5 miles of the Basildon, UK

More details for Southend Road, Stanford Le Hope - Specialist for Sale

Performers College - Southend Road

Stanford Le Hope, SS17 8JS

  • Specialist for Sale
  • £5,250,000
  • 39,893 sq ft

Stanford Le Hope Specialist for Sale - Corringham

A rare opportunity to acquire a specialist higher education facility pre-let to BIMM University Limited, with explicit growth throughout the term. Performers College is a nationally recognised, independent performing arts college with over 30 years of experience training the next generation of performers. The campus totals 3.25 acres featuring 18 dance studios, 2 acting studios, singing suite, lecture hall, library/computer centre, gym, café/restaurant and 190 car parking spaces. We are instructed to invite offers in excess of £5,250,000 for the freehold interest. A purchase at this level would reflect a Net Initial Yield of 8.04% based on sale and leaseback costs of 6.8%. Offers should be submitted on one of the following basis: A) 20 YEAR LEASE WITH 5 YEARLY CPI RENT REVIEWS (1% PA COLLAR – 3% PA CAP) B) 25 YEAR LEASE WITH 5 YEARLY CPI RENT REVIEWS (1% PA COLLAR – 3% PA CAP)

Contacts:

David Charles Property Consultants

Portland Leisure Advisers

Property Subtype:

School

Date on Market:

23/09/2025
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