Shrewsbury’s historic former Lancasterian School has been sold to a London developer.
Outline planning permission has been granted to develop 19 luxury apartments at the Beacall’s Lane site.
Offers in the region of £1.1 million had been invited by Towler Shaw Roberts for the landmark three-storey building, which dates back to 1813.
Toby Shaw, who handled the sale for TSR, said: “As expected, there was a high level of interest in this unique development opportunity to acquire an iconic building close to Shrewsbury town centre.
“We are delighted to announce that a sale has now been completed to a London developer and they have comprehensive plans for the site.
“It’s an exciting time for this part of Shrewsbury as there’s lots happening, with positive interest in the former Dana Prison, which we are also marketing, and the ongoing redevelopment of Shrewsbury Flaxmill."
Many local children were educated at the Lancasterian School until its closure in 1988.
The building was later used as administrative offices by HM Prison Services before Shrewsbury Prison closed in 2013.
Occupying a prominent location in Beacall’s Lane within a popular residential area, the large and imposing Victorian building has a total internal area of approximately 7,000 sq ft.
Mr Shaw added: “It’s a very iconic building in Shrewsbury with so much history surrounding it."
Outline planning permission has been granted to convert the main building into 11 luxury one-bedroom apartments arranged around a central staircase, with car parking facilities on land immediately adjacent to the site.
In addition, planning permission has also been granted to demolish the existing garage building in the courtyard to construct a new three-storey apartment block.
This would provide eight further one-bedroom units with undercroft car parking for 13 spaces.
Pictured: Outline planning permission has been granted to develop 19 luxury apartments at Shrewsbury’s former Lancasterian School.