Private school remains for sale six months after closure
Summarised from 2 outlets · Updated 15 Oct, 17:02 · Archive
Our Lady's Abingdon in Oxfordshire, which closed last year owing £1.56 million, remains unsold after six months on the market.
Our Lady's Abingdon, a private school in Radley Road, Oxfordshire, closed permanently last August for financial reasons. Governors notified parents of the closure by letter.
A Statement of Affairs filed to Companies House showed the school's trustees had accumulated debts of £1,555,596 to 121 company creditors. Security measures were put in place to protect the buildings.
The 105,710 square foot site is now being marketed for sale by commercial real estate company Newmark, with the asking price listed as subject to offer. The buildings and site could be worth millions of pounds. The sale has yet to complete almost six months after the property went on the market. Residents in neighbouring streets have been left uncertain about the site's future use.
How it is being reported
- UK private school update following for sale announcementA private school, which closed suddenly last year, remains for sale almost six months after it went on the marketOxfordshire Guardian · 15 Oct, 16:45
- UK private school update following for sale announcementA private school, which closed suddenly last year, remains for sale almost six months after it went on the marketOxford Mail · 15 Oct, 16:45
In this story: Our Lady's Abingdon · Radley Road · Institute of Our Lady of Mercy · Newmark · Oxfordshire
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