In the first phase of the sale, announced today, the broadcaster said it was looking for interest for either a conventional, freehold property sale or alternative proposals "possibly based around a joint venture partnership".
"The key objective for any sale or partnership is to maximise the value of the site to the BBC and Licence Fee payers," the statement added.
The site is due to be fully vacated by 2015, following the completion of moves to Broadcasting House and the new MediaCityUK base in Salford Quays.
According to the BBC as of the end of 2010 there were just over 5,000 members of staff at the Television Centre. The broadcaster added that the existing studios and post production business will continue to operate following the sale of the centre, either on site or in a new location.
Parties must register their interest by 1 July when the BBC intends to compile a short list of potential purchasers or joint venture partners. Selected parties will then be formally invited to tender.
"Our key objective is to maximise value to the BBC," Chris Kane, head of BBC Workplace said in a release.
"With high investor demand for commercial property in London and a shortage of landmark sites as distinctive as Television Centre, we anticipate strong competition for both conventional and innovative proposals."
Image by Phil Parker on Flickr. Some rights reserved.
Free daily newsletter
- Tip: A BBC journalist's guide to working in podcasting
- Licence fee, accountability and overseas opportunities central to BBC's future
- Newsrooms choose collaborative approach to protect journalists from online trolls
- How to make the most of mentorships throughout covid-19
- BBC director-general: "We are activists for impartiality"