Sale of Stibbington Centre and site confirmed

The sale of Cambridgeshire County Council’s former education centre at Stibbington has been confirmed by the Peterborough team, who acted on behalf of the local authority in the transaction.

The Grade II Listed property, which dates from the late 19th Century, and its 1.65 acre site have been sold for ‘considerably more’ than its asking price of £250,000, advises Eddisons, to an undisclosed buyer.

The Stibbington Centre was used as a field studies education centre for a number of years under the ownership of Cambridgeshire County Council who announced its closure and plan to sell the property asset in 2023 as part of a planned property disposals programme.

Gavin Hynes, regional managing director, who led the firm’s agency in the sale of the centre, reports that following an extensive marketing campaign in which the property was positioned as suitable for a number of uses, subject to planning approval, interest was secured from a number of potential buyers and soon progressed to best offers beyond the original asking price.

The sale concluded in the first week of July.

Gavin added, “It’s a landmark property adjacent to the A1 and its scale, historic interest and vernacular style were always going to attract attention. It’s an important building and that’s reflected in its Listed status.

“We are as keen as other local residents to see how its new owner chooses to use it.”