Offers in excess of £1.5m invited for closing-down Northampton school
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Offers in excess of £1.5 million are being invited for a Northampton school that is closing down as a result of the coronavirus pandemic.
St Peter's Independent School is being sold after the trustees decided to shut it down at the end of this academic year.
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Hide AdCourteney Donaldson, managing director of childcare and education at Christie & Co, who is handling the sale, said all options are open for the Lingswood Park site.
“St Peter’s Independent School occupies a beautiful position within a fully enclosed secure campus, beside parkland and a local nature reserve where children have enjoyed a peaceful and inspiring surrounding, over many decades," she said.
"The school offers extensive accommodation and offers much opportunity to a purchaser, seeking either to retain the exiting educational use, or for an alternative use subject to the necessary consents being obtained. Offers in excess of £1.5m are invited.”
St Peter's, which currently caters for children aged three to 16 years of age, was established in 1979 with a vision to make independent education more accessible to Northampton children.
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Hide AdBut the coronavirus pandemic has had a huge impact on the school and the economy, which prompted the decision to close, announced last week.
Ms Donaldson added: "We wholly empathise with the stress and pressure that the situation surrounding the pandemic has placed on so many schools, their proprietors, teachers, students and parents alike. The decision to close a school is never taken lightly.
"The pandemic is increasingly having a profound impact on the financial sustainability of many independent schools across the UK. These are incredibly difficult times for many."