A delegated decision report has been released by the council calling on Cllr George Brown, cabinet member for Economy, to approve the sale of former Swanmore Middle School in Ryde.
Cllr Brown is being recommended to approve option (a)
To sell the property to the party making the highest bid for the freehold interest, and who is in the strongest financial position to proceed, conditional on the Department for Education approval to dispose.
Details of the offers already made are being kept secret. The council say if “this was made publicly available it may prejudice the council’s position if any of the bidders chose to renegotiate their offer, as they would have knowledge of the other offers received”.
Details of potential sale
Update 18:54 Many thanks to Hermit who, in the comments, pointed to this Gully Howard marketing document of Swanmore, which claims “Site with a resolution to grant planning permission for 24 residential units” on the site.