Thursday, November 24, 2022

Maida offer

The BBC and its favoured estate agent, LSH, have finally bitten the bullet, and put the Maida Vale studio complex on the market, inviting bids at £10.5m.  The price acknowledges that the BBC has given up on shifting the Grade II status imposed by Historic England in May 2020. 

It's a mere £126 per square foot. I'm guessing they originally expected at least five times that figure. And by the way, its EPC is G - the lowest. The BBC wants to rent it back, at £500,000 a year until 2025, when the East Bank development at Stratford is supposed to be ready.  


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