Map view Street view Performers College, Southend Road, Corringham, SS17 8JS 39,893 Sq Ft / Other / Investment For Sale - £5,250,000.00 Available - Last updated: 21 September 2025 SummaryA rare opportunity to acquire a specialist higher education facility pre-let to BIMM University Limited, with explicit growth throughout the term. Performers College is a nationally recognised, independent performing arts college with over 30 years of experience training the next generation of performers. The campus totals 3.25 acres featuring 18 dance studios, 2 acting studios, singing suite, lecture hall, library/computer centre, gym, café/restaurant and 190 car parking spaces.Key PointsNationally recognised independent performing arts college3.2 acre campus. 18 dance studios, 2 acting studios, gym, cafeTo be let on the new 20 or 25 year full repairing leaseRPI rent reviews 5 yearly linked to CPI. 1% collar 3% capFY 24 revenue £75.5m. EBITDA £34.8m. Net Assets 152mPlanningThe main planning permission for the site was obtained from Thurrock Council on 1st August 2001 (Ref: 01/00794/FUL). The Campus also has planning consents for two temporary studio/classroom buildings (Ref: 24/00301/FUL and 25/00338/FUL). In addition, there is a temporary consent (45 days per annum) for a 4,844 sq ft marquee used for theatre/dance/music performances. The entire site is set within the Greenbelt.TenureFreehold. The site is held under 3 separate titles: • EX897151 • EX683420 • EX897124 The property has a site area of approximately 3.25 acres (1.31 hectares).LocationCorringham is a popular commuter town in Thurrock, Essex, offering strong local amenities and fast access to London, South Essex and the wider South East. Nearby Stanford-le-Hope station provides mainline rail services, while the A13 and M25 place Corringham at the centre of the Thames Gateway growth corridor. The site has excellent connectivity: London Fenchurch Street is 45 minutes away via Stanford-le-Hope rail station (2 miles). By car the A13 to M25 (J30) is under 15 minutes away, Canary Wharf 30 minutes, Central London 40 minutes, and Southend-on-Sea 20 minutes. 20 minutes from London Southend Airport and under an hour from London City, Gatwick and Stansted airports. The site also boasts close proximity to DP World London Gateway and Tilbury Docks, both major drivers of employment and economic activity.TermsWe are instructed to invite offers in excess of £5,250,000 for the freehold interest. A purchase at this level would reflect a Net Initial Yield of 8.04% based on sale and leaseback costs of 6.8%. Offers should be submitted on one of the following basis: A) 20 YEAR LEASE WITH 5 YEARLY CPI RENT REVIEWS (1% PA COLLAR – 3% PA CAP) B) 25 YEAR LEASE WITH 5 YEARLY CPI RENT REVIEWS (1% PA COLLAR – 3% PA CAP) Property Quote Price(s) DescriptionSale typeGuide pricePrice type For Sale Freehold £5,250,000.00 NA Documents and links Corringham_Brochure_Final.pdf Next Steps Contact an agent now The 'Contact agents' section contains agent phone number and a contact form. You can also request a viewing from here. Contact agent View similar properties View a list of similar properties in this postcode. You can also use the search filter at the top of the page to refine your search criteria. Show similar properties Send me updates To get regular updates about similar properties that match your search please register your email address. Get email updates Add to my shortlist Add this property to your shortlist. Just provide your name and email address so you can access these at a later date. Add to watchlist