Our work - 27/10/2021

Lauderdale House, Highgate Hill

We were instructed to prepare a valuation on behalf Lauderdale House Society Limited.

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  • The London Borough of Camden was proposing to grant a 25 year lease to Lauderdale House Society Limited at a nominal rent with a surplus rent top up. 
  • The Council set up a trust to run the park and its buildings including Lauderdale House.  
  • Lauderdale House is a local community building in the London Borough of Camden offering a range of arts, education, heritage and community activities.
  • We were instructed to prepare a valuation on behalf of the charity.

Our Approach

  • We prepared a Valuation Report under section 119 of the Charities Act 2011 and in accordance with the Charities (Qualified Surveyors’ Reports) Regulations 1992 (SI 1992/2980) for the disposal of a lease.
  • Our team provided a written report on the proposed disposition acting as Qualified Surveyor to the trustees. 

The Results

  • Our valuation allowed LB Camden to grant the lease and the Trust to secure around £800,000 of Heritage Lottery Funding.
  • We advised the Council to vary the terms of the disposition and transfer the repairing liabilities onto the tenant and discussions are ongoing.

Lauderdale House

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