Stratford College looks to sell off its student flats
TWO student accommodation blocks at Stratford College have been made available for sale.
The college is looking for offers for Oak House and Willows House on Alcester Road, with a bid deadline set for 12 noon on Friday, 6th May, but if no buyer comes forward the blocks could be demolished, according to a planning application submitted to the district council on 28th March.
A spokesperson for the college told the Herald: “No set price has been set for the blocks as the college is waiting to see what is offered, but in terms of demolition, the college says it is still exploring all options as for the best direction for the future of the buildings.”
The 80,000 square feet site, currently comprising a total of 50 flats, was originally purpose-built student accommodation which opened in 2006.
Avison Young, which is handling the sale of the properties, described them as suitable for ‘residential, hotel, or commercial use subject to planning’.
It adds that the land is a prime development site for which ‘offers for the freehold/ long leasehold interest in the entire property on an unconditional and/or conditional basis’ will be considered.
Some years ago the college and Stratford’s economy benefitted from a regular flow of Chinese students, who were housed in the two accommodation blocks, while taking part in the International Foundation Programme (IFP) at the college. However, Stratford College has not offered the IFP since 2015.
UK-based students are not offered the use of the college accommodation, meaning the flats are no longer used by anyone and has prompted college chiefs to look for alternatives as the college continues its development programme at the site.
