Bidder set to be revealed for BBC’s Television Centre sale

A shortlist of three bidders have been named to buy the iconic BBC Television Centre building in Shepherds Bush: Stanhope, Chelsfield Partners and Resolution.

According to property experts Frost & Meadowcroft, they expect the preferred bidder to be named shortly.

The site was put up for sale in June 2011 and was last valued in 2007 at a cool £200million!

With the drop in market prices, and with parts of the building recently given Grade II-listing, it is now expected to achieve closer to £100m.

The BBC said it was ‘interested in a conventional sale or offers to redevelop the site as a joint venture’.

A statement said the BBC was ‘keen to investigate’ redevelopment plans to preserve listed parts of the building and establish a ‘hub for creative businesses and a visitor destination’.

The doughnut-shaped building first opened in Shepherds Bush in 1960.

Among the shows recorded in its studios were Fawlty Towers, Monty Python’s Flying Circus, Blue Peter and Strictly Come Dancing, as well as earlier series of Doctor Who.

The site is also home to the Blue Peter garden, which will be relocated to a studio roof at the BBC’s new development in Salford, Greater Manchester.

The BBC said the main aim of the Television Centre sale, first announced in 2007, was to maximise the site’s value to the BBC and licence fee payers.

The 14-acre site, home to 5,000 staff, is expected to be empty by 2015.