National Grid: London Power Tunnels 1 – Rewiring London
Post construction, National Grid instructed Cluttons to oversee a number of projects for LPT1 as part of the project completion.
How we helped
Our services included providing RICS Red Book compliant valuations of surplus land in North London, the renewal of office and studio leases of a commercial building occupied by tenants who were displaced to facilitate the tunnel works, whilst the out building and projects team provided support in monitoring development works above an electricity headhouse in Earls Court.
Further work included advising National Grid on a diminution in land value claim at in West London by a residential developer who had built a major residential development above the tunnel.
Services provided:
Compensation claim handling
Valuation
Project and building consultancy
Lease advisory.
The outcome
Successful delivery of all the services allowed National Grid to wrap up LPT1 and move on to the next project.