A remarkable manor house building at Yateley has been let to an independent school.
Yateley Hall, a 16, 798 sq ft Grade II* listed house, dating from the 16th Century, has been let on a 25-year lease to Hurst Lodge School.
It had been marketed by Campbell Gordon, either for freehold sale or on a leasehold basis for a range of uses including office, residential and care.
Jake Booth, director at Campbell Gordon, who led the campaign, said: “We spoke to a wide range of potential purchasers and tenants as this building is so unique and has so much potential.
“The residential conversion route seemed the most likely on the face of it but its listed status and configuration put too much of a value constraint on its development.
“In the end the most serious and high value interest came from a number of educational use parties. In the end it was Hurst Lodge School that prevailed and we are delighted to have completed this letting to them and look forward to it becoming a key centre for them in the years ahead.”
John Behan, owner of Yateley Hall said: “We have owned this building for 30 years. We originally renovated it from a dilapidated state to its current high standard and condition.
“We ran it as an office for many years, with a range of occupiers over the years. However, when it became vacant recently we recognised that the office market had changed and looked at a range of options.
“Campbell Gordon pushed the building hard to all the key occupier and buyer target groups. They persisted through the uncertainties of the pandemic and ultimately achieved a great result. Our preference was to let, rather than sell, so we are delighted to have secured the Hurst Lodge School as tenants for the next 25 years.”
While Campbell Gordon acted for Yateley Hall, the Hurst Lodge School was unrepresented.
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