Fladgate LLP has advised FTH Investments Limited, a Ziser London corporate vehicle, in connection with the acquisition of the 51,350 square foot Grade II listed Fulham town hall for an undisclosed sum and in connection with the related acquisition finance facility from OakNorth Bank.
The acquisition vehicle is controlled by Ziser London, a private family development and investment company, with a significant portfolio of commercial and residential assets in London.
Ziser plans to transform the building into a hotel, restaurants, event space and a spa and OakNorth has provided a £10m loan which will be used to fund the acquisition of the Grade II star listed 51,350 sq. ft. building.
Located on London’s Fulham Road, Fulham Town Hall was built between 1888 and 1890 and extended between 1904 and 1905, for a cost of £30,000 at the time.
The Fladgate team was led by real estate partner Gideon Dabby-Joory (picture) assisted by real estate associate Siobhan Doherty, finance partner Seetal Modi, finance associate Wing Tang and tax associate Gemma Grunewald.
Law Firms: Fladgate LLP;
Clients: FTH Investments Limited;