Kingsdown School, Swindon

Transaction One

An adjacent site, belonging to a third party, was successfully promoted through the planning process by the landowner for residential development.

BSfN worked with the landowner prior to and during the planning process to secure improved sports facilities for the School as part of a mitigation package.  As a result, the School has benefitted from the following with no capital outlay:

• A full-size floodlit 3G artificial pitch (ATP)
• Modular changing rooms adjacent the artificial pitch

The 3G ATP has community use which generates significant income for the School.

Transaction Two

A nearby site, again belonging to a third party, needed a partnership approach to secure planning for residential development.  BSfN worked with the landowner in order to maximise the deliverables for the School.  This culminated in a very complex legal agreement.     As a result of this partnership, the School has benefitted from the following with no capital outlay:

• A previously redundant sports centre comprising 4 court badminton hall, two squash courts (now used for fitness and trampoline), two studios and changing rooms
• An overflow car park
• The re-working of scrubland to form purpose-built grass sports pitches
• A changing pavilion.
• A significant portion of the value of the associated land sale
• A proportion of the overage payments relating to the residential sales

These facilities also have community use which generates income for the School.  One of the studios at the sports centre has been let to a pre-school which also generates income.

Both of these transactions have been complex in both legal and planning terms.  BSfN has successfully protected and enhanced the School’s position throughout and, despite the School not disposing of any assets, now leaves the School with far better facilities as well as a significant cash injection.