UK Fire Service College sale completed to Capita
The UK's main national training centre for fire and rescue workers has been sold to a private company for £10m.
Capita has bought the 365-acre Fire Service College in Moreton-in-Marsh, Gloucestershire, which was previously owned by the government.
The management company was announced as the preferred bidder last year.
Local Government Minister Brandon Lewis said the deal "represents a good deal for taxpayers and value for money for the public purse".
Capita is expected to develop the site although an agreed condition of sale is that it will retain its training role for fire and rescue authorities.
Mr Lewis said that the government would share in any future profits from the development of college land and would also receive further revenue from the sale of a number of houses which were part of the college estate.