On behalf of Brent Council, the residential team at global property advisers, Colliers International has completed the freehold sale this week of Brent Town Hall to the French Education Property Trust (FEPT) for a sum of £10.6 million.
The French Education Property Trust already operates four schools in London including The French Lycée, (or Lycée Français Charles de Gaulle), and André Malraux (Ealing), Marie d'Orliac (Fulham), Wix (Clapham) and The College Francais Bilingue de Londres (CFBL) (Kentish Town).
The FEPT purchased the Grade II Art Deco property subject to planning and have recently been granted a full planning consent to covert it in to a school; they aim to open the doors to students in September 2015.
The building is 92,439 sq ft, and currently is made up of municipal offices, an assembly hall, registry office, library, council chamber and committee rooms. The main building is arranged in a T-shape with the front block providing accommodation over ground, first and second floors.
Annabel Haan, Head of Residential, UK at Colliers International, said: “Brent Town Hall is a landmark building built in 1940 with a stunning Art Deco style. It is the perfect location to house a new school, increasing the reception capacity of quality French secondary education in London.”
Colliers International represented Brent Council. The FEPT was represented by Somers Property Services LLP.