Finances to decide Ambleside campus future
The future of the University of Cumbria’s Ambleside campus hangs in the balance as bosses revealed it may not be financially viable to reopen the site which was mothballed two years ago.
Speaking to Ambleside Civic Trust’s AGM, Pro-Vice Chancellor Prof Liz Beaty said that Ambleside would have to make a ‘strong case’ for itself, because the University would not return if the figures ‘did not stack up’.
She said the two high risk factors influencing decisions are that property values from disposal of excess buildings in Ambleside won’t be adequate to produce the income needed to re-develop the core campus …