Treasury written question – answered at on 21 February 2012.
To ask the Chancellor of the Exchequer in which London boroughs the Crown Estate owns (a) land, (b) property and (c) both land and property; and what information his Department holds on each of these assets.
The following table shows the London property held by the Crown Estate, as at
Schedule of the Crown Estate’s properties rights and interests, December, 2011 | |||||||
Classification and area ( m (2) ) (1) | |||||||
County/unitary authority | London borough | Estate description | Office | Retail | Other (2) | Residential | Industrial |
England | |||||||
Central London | City of Westminster | St James’s (including: Haymarket, Lower Regent Street and Pall Mall) | 281,500 | 41,500 | 30,500 | 14,000 | — |
Kensington and Chelsea | Kensington Palace Gardens and Palace Green | — | — | — | 991,000 | — | |
City of Westminster | Millbank | 18,500 | — | — | — | — | |
Camden | New Oxford Street | 16,000 | — | — | — | — | |
City of Westminster | Merchant Square Paddington | 4,500 | — | — | — | — | |
City of Westminster | Park Lane | 2,000 | 3,000 | 2,000 | — | — | |
City of Westminster | Regent’s Park | 19,500 | 500 | 30,500 | TBC | 500 | |
City of Westminster | Regent Street | 108,500 | 208,500 | 28,000 | 5,000 | — | |
Lambeth | Stamford Street | — | — | — | 42,000 | — | |
City of Westminster | Trafalgar Square and the Strand | 6,000 | 1,500 | 13,000 | — | — | |
City of Westminster | Whitehall and Victoria | 47,000 | 18,000 | — | — | — | |
Greater London | Lewisham/ Greenwich | Blackheath and Eltham | 1,000 | 2,500 | 9,500 | (3)— | — |
Sutton | Carlsberg, Marlow Way, Croydon | — | — | — | — | 7,500 | |
Richmond upon Thames | Hampton | — | 500 | 500 | — | — |
Hounslow | Victory Business Centre, Isleworth | — | — | — | — | 4,000 | |
Richmond upon Thames | Richmond and Sudbrook | 3,000 | — | 10,000 | — | 1,000 | |
Merton | Weir Road Industrial Estate, Wimbledon | — | — | — | — | 10,000 | |
(1) Areas have been rounded to the nearest 500m(2). (2) Properties which cannot be classified as being used as office, retail or industrial space. The types of ‘other’ usage includes: clubs, hotels, educational and medical centres car parks, leisure facilities, and palaces (for example, the Palace of Richmond). (3) These estates contain some residential properties. The Blackheath and Eltham estate has 130 residential tenancies. The Richmond and Sudbrook estate has 51 residential tenancies. |
This information (excluding the information on London boroughs) is also published in the “Schedule of The Crown Estate’s properties rights and interests December 2011”, available on the Crown Estate’s website at:
www.thecrownestate.co.uk/media/206857/schedule_of_properties_rights_and_interests.pdf
HM Treasury is charged with general oversight of the Crown Estate’s business, including information about significant business developments and investment strategy, and does not hold information on individual properties.
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