
Freehold investment acquisition of Performers College, Essex
Performers College is a specialist UK performing arts school with famous alumni including George Ezra, James Bay and Tom Odell, alongside many acclaimed filmmakers and producers.
Situated in Corringham, a commuter town in Thurrock, Essex, the 3.25-acre campus features 18 dance studios, 2 acting studios, singing suite, lecture hall, library/computer centre, gym, café/restaurant and 190 car parking spaces.
The freehold investment was acquired by a private investor on a sale and leaseback basis off a guide price of £5,250,000 at a commencing rent of £450,000 per annum.
Michael Penfold of AG&G acted for the buyer with Portland Leisure Advisers acting for the vendor.