LSH takes Television Centre to market

Vision for iconic Wood Lane scheme includes creation of offices for creative businesses

Article posted: 21 Jun 2011

Lambert Smith Hampton has been appointed by the BBC to market Television Centre, with the key aim of maximising its value.

 
Television Centre is a 14-acre freehold site comprising production facilities and office space in West London. The BBC is seeking expressions of interest from the market for either a conventional, freehold property sale or to explore options for a joint venture partnership.

To demonstrate the potential for the site and as an alternative to a conventional sale, a vision has been developed for repurposing Television Centre as a hub for creative businesses and a visitor destination.

The joint venture concept has the potential to create a lasting legacy for Television Centre whilst supporting the regeneration of the local area. The vision supports the Greater London Authority’s (GLA) master plan to redevelop White City, as set out in the Opportunity Area Planning Framework (OAPF) currently out for consultation.

Ezra Nahome, LSH CEO, said: "London has fast become the world capital for prime investment and development opportunities. Television Centre is attracting considerable attention due to its iconic status, superb location and versatility.”

In September last year LSH were appointed to sell the BBC's headquarter offices in Manchester following the BBC’s decision to relocate its Manchester operations to office space in MediaCityUK at Salford Quays. LSH has also previously sold BBC offices in Glasgow as well as advising on the relocation of offices in Cambridgeshire last year.

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Posted by Sara