Changes planned for Royal Parks' buildings

Dozens of valuable buildings belonging to the Crown Estate could be leased to the commercial sector as part of the Royal Parks’ review of its assets.

More than 50 lodges are being earmarked for rental development as homes, children’s nurseries and cafés as part of the Royal Parks’ Better Buildings Programme. Trustee Joel Cadbury announced the review, ordered by chairman of the Royal Parks’ advisory board Peter Ellwood, last week at a fundraising gala organised by property developer Candy & Candy at the Serpentine in Hyde Park, which made £250,000 for the Royal Parks Foundation. A Royal Parks representative said: “We’re looking at the development of three or four lodges a year. We’re not selling them — they are all just being leased. We are in negotiations to agree how we can go about doing this.” Parks consultant Sid Sullivan said: “It’s better to raise cash this way than to sell off parkland, which is what Bristol City Council is trying to do right now.”

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