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The Armoury – Joint statement by Camden Council and Jubilee Hall Trust

As part of its Community Investment Programme, Camden’s Cabinet agreed on 16 January 2013 to provide a four month window for negotiations to take place in relation to the potential sale of a 50 year lease to the Jubilee Hall Trust (JHT) for the Armoury Gym. The Council and JHT recognise the community benefits of the Armoury and have continued our discussions in private and in a positive manner with the ultimate goal of finding a resolution that is beneficial to both parties and the community.
Following further meetings, both the Council and JHT are now confident that a solution will be found to safeguard the future of the Armoury. While these negotiations continue we would like to reassure service users that these constructive and positive negotiations will continue and we will provide an update as soon as possible. We’re hopeful we can develop an imaginative solution which balances all community needs – to raise much need capital to repair local schools and secure a long term deal for the Armoury.