PRESS RELEASE
18th June 2024
CHARITY ANNOUNCES APPOINTMENT OF JOINT AGENTS FOR SALE OF LAND AND PROPERTIES
KERRISON Trust has jointly appointed Savills and Lacy Scott & Knight, to manage the sale of its land and properties in Thorndon, Suffolk.
The long-established East Anglian charity, which started life with the creation of a reform school more than 150 years ago, confirmed in February that it would be seeking a buyer for a small number of residential properties and a parcel of land.
A number of shortlisted agents visited the site, near Eye, and trustees have now concluded that the sale would be best served by a joint appointment.
It is anticipated that a full formal sales campaign will be live in the next few weeks.
Tenants of the 16 residential properties have been updated, and will continue to be kept informed of matters affecting them as appropriate.
A spokesman for the Trustee Board, said: “We are very pleased to confirm the joint appointment of Savills and Lacy Scott Knight.
“It has been very important to us to find the right agent, or agents, who understand the sensitivity involved in selling land where tenants are currently still in residence, and who are mindful of the overall objectives of The Kerrison Trust and our desire to focus on the charity’s core aims in helping young people.”
Commenting on the appointment of Savills, Will Hargreaves said: “As a business connected so closely to rural communities in Suffolk, we were delighted to be asked to advise the Trust on the sale.
“We are very much looking forward to working closely with our joint agents Lacy Scott & Knight and the Trustees to secure a successful outcome.”
Echoing the desire to diligently progress with finding the right buyer for the Trust’s land, Alex Turner, from Lacy Scott & Knight, added:
“We have been working with the Trust in managing the Kerrison site for many years and we are delighted to be appointed as joint selling agents with Savills.”
Anyone interested in pre-registering their interest, should in the first instance contact Savills or Lacy Scott & Knight for further details.
ENDS
NOTES TO EDITORS
The Kerrison Trust was established over 150 years ago with an ethos that remains firmly in place today: to help young people living in Norfolk and Suffolk, who have little or no support, to navigate life’s turbulent times.
Its story begins with the founding in 1856 of one of the earliest Reform Schools in the village of Thorndon, a few miles south of Eye in Suffolk. Lady Caroline Kerrison (the Trust’s founder), an artist and one of the few females to be accepted by the Photographic Society, was responsible for the design of the Kerrison Reformatory, as the school later became known.
Reform Schools were originally conceived as an alternative to prison for juveniles convicted of a crime – an 11-year-old was sentenced to 21 days imprisonment and two years at Kerrison for stealing brass weights; a harsh sentence to say the least .
Today, the charity’s small but dedicated teams provides grants to many individuals and organisations throughout Norfolk and Suffolk.
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