Part of a landmark Preston building has been put up for sale.
The Grade II listed Harris Institute in Avenham was sold by the University of Central Lancashire to multi-millionaire tycoon Yousuf Bhailok in June 2009.
Now a section of the building looks set to be sold off again for about £300,000, in a bid to recoup the money spent on refurbishment.
Mr Bhailok said the Regent Street section of the Harris was a separate building with its own entrance, although said there were openings on the ground floor and the first floor joining the two.
He said: “We don’t have a need for the back part and we need to recoup the £300,000 that we spent on the refurbishment.”
He said the building had just started to be used for educational purposes following the renovation project, which included the part of the building that is now for sale.
Plans had been lodged last year to restore the 19th century building to its former glory with the aim of turning it into an Islamic education centre, and Mr Bhailok said he hoped the back of the building could also be used for educational purposes.
He said there had already been interest in the property, and said: “We hope it will be used for educational use but it depends on the person who buys it.”
The building is being marketed by Eckersley Commercial Property Solutions.
A spokesman for the company said: “You can walk through into the Harris Institute at the moment, but it can be split and that is the part we’ve been asked to market.”
The Harris Institute, on Avenham Lane, was funded by benefactor Edmund Harris, on the stipulation it would be used for educational purposes.
It was built in 1846-49 with cash from the wealthy solicitor.
It was bought at auction for almost £300,000 in 2009.