West London office-to-resi site hits the market
Receivers at Evelyn Partners have appointed Savills to market a 39,000 sq ft Hammersmith site that has been turned from school buildings into offices and is now set to be converted again, this time to homes.
50 Brook Green, W6, was previously owned by Liaspace, which acquired the site in March 2023 with a loan of £22m at 60% LTV provided by Cohort Capital.
The lender appointed Colin Hardman and Henry Shinners of Evelyn Partners as fixed charge receivers on 5 June.
Receivers at Evelyn Partners have appointed Savills to market a 39,000 sq ft Hammersmith site that has been turned from school buildings into offices and is now set to be converted again, this time to homes.
50 Brook Green, W6, was previously owned by Liaspace, which acquired the site in March 2023 with a loan of £22m at 60% LTV provided by Cohort Capital.
The lender appointed Colin Hardman and Henry Shinners of Evelyn Partners as fixed charge receivers on 5 June.
The site comprises five Victorian former school buildings, which were converted to office use in the early 1980s but have remained vacant since 2020. It is being sold with planning permission for 33 homes, granted by the London Borough of Hammersmith and Fulham earlier this year.
Charlie Redman, associate director in the London land team at Savills, said: “This sale represents a unique opportunity to acquire an incredible collection of buildings in the heart of one of west London’s most desirable residential neighbourhoods. There are many things which will appeal to developers, but its character, location, proximity to several excellent schools and connectivity really set it apart.
The site is being sold by way of informal tender.
Photo from Savills
