Margate’s Royal School for Deaf Children site goes up for sale
In one of Margate’s largest land sales in recent years, the former site of the UK’s oldest deaf school, the Royal School for Deaf Children which dates back to 1876, has been placed on the market.
The 14.7 acre campus, on Victoria Road and Park Crescent Road, close to Margate town centre, is being marketed by property consultant Eddisons on the instruction of the school’s trustees. The site features around 120,000 sq ft of school buildings, including various residential properties that once accommodated students, and a recently constructed hydrotherapy pool and gym.
The land and buildings, in the rapidly gentrifying coastal resort, are expected to generate high levels of interest among property investors and developers, with recent local land sales achieving upwards of £700,000 per acre.
“We are marketing the site on either a conditional basis, where we will work with a buyer to bring forward their vision for the site, or on a more straightforward unconditional basis,” said Eddisons director James Liddiment. “While there are a number of potential options and uses for the land, all of which will be explored, including an ongoing educational use, we suspect the strongest demand will emanate from residential developers, especially given the shortage of housing stock generally.”
The Royal School for Deaf Children site, which is available for sale as one site or potentially split into separate lots, includes a variety of buildings associated with the school. Among them is the main secondary school complex, which is made up of a vast mix of interconnecting single-storey buildings, and a separate primary school building.
There are also ten residential buildings on the site, all of which have been adapted or constructed for supported living or residential care, and the campus also includes recreational facilities such as sports fields, sensory garden and playgrounds.
Further information on the 14.7 acre campus site is available at https://www.eddisons.com/property-search
Written by: James Liddiment on Wednesday 26/10/2016