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Plans to transform Fulham Town Hall into hotel revealed

06 February 2019 by
Plans to transform Fulham Town Hall into hotel revealed

Ziser London is to acquire Fulham Town Hall in west London with plans to transform the historic building into a hotel, restaurants, event space and spa.

The developer has secured a £10m loan to acquire the Grade II*-listed, 51,350 sq ft building from a private vendor. It was previously owned by Hammersmith and Fulham Council, which sold it in a deal reportedly worth more than £10m.

A previous planning application to transform the building into residential units and other amenities was refused, with the planning inspectorate saying on appeal that development into a hotel would be preferable.

The hall has a Portland stone façade, stained glass windows and grand halls.

The acquisition was facilitated by a loan from OakNorth arranged by BBS Capital.

Anthony Kazan, residential development partner at Knight Frank - who advised the vendor, commented: "The sale of Fulham Town Hall attracted strong interest from a select group of developers and private investors who were struck by the rarity of the opportunity; its elegant architecture and grand internal volumes offer the potential to create a mixed-use development without precedent in central London."

Priya Harley, debt finance director at OakNorth, said: "Ziser London has an extensive track record in investing and developing London based residential and commercial properties, in particular ones with architectural significance or a unique heritage. Once completed, this site will be a landmark property in London, so we're delighted to be assisting the team and look forward to working with them on additional projects in the future."

Belchak Corin & Co is seeking occupiers for the developed site including retail, leisure, office and hotel operators.

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