The words do look like three words round the top, two words in centre, one word at bottom.
Xxxx Xxxxxx Xxxxxx
Xxxx Xxxxxx
Xxxxxxxxx
Or the top row might be two words, one short & one long:
Xxxx Xxxxx[top of board]xxxxxxx
If the bottom line is a place name, it contains no letters with 'tails' e.g. p,q,g,y etc
Might be wishful thinking but I wonder if the middle row says High School. I think it looks like a Victorian school building that has had an annexe built possibly 1900-1930, linking it with another building. Maybe a junior and senior school merged into one?

Barbara