BBC to sell £70m EastEnders studios to bolster flagging finances

BBC to sell £70m EastEnders studios to bolster flagging finances

The BBC has hoisted a for sale sign over the studio behind EastEnders, as the broadcaster battles sliding income from the licence fee. The corporation is planning to offload BBC Studios Elstree and lease back the space from a new owner, allowing the long-running British soap to continue to be filmed at the site. As well as hosting EastEnders, the studio has been used for set-piece BBC events, such as Children in Need broadcasts and its coverage of the UK elections. Elstree is reportedly worth around £70m. Commercial property agents Lambert Smith Hampton have been hired to find potential suitors, according to an advert seen by The Telegraph, which described it as a "unique opportunity to acquire an iconic piece of production history and write the next chapter". The broadcaster …
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