The Duchy of Cornwall recently confirmed it would be selling off 20% of its property over the next 10 years so £500m could be invested in local communities, including in affordable housing and environmental projects.
Posted by Good-Application5
The Duchy of Cornwall recently confirmed it would be selling off 20% of its property over the next 10 years so £500m could be invested in local communities, including in affordable housing and environmental projects.
Posted by Good-Application5
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Prince William puts 600-acre farm up for sale
The Duchy of Cornwall, owned by Prince William, put the farm up for sale with a guide price of £6.65m
More than 600 acres (243 hectares) of vacant farmland in Herefordshire which is owned by the Prince of Wales, has been put up for sale.
The Duchy of Cornwall, which provides £20m of private income to Prince William every year, is selling a vacant farm in Cradley, near Ledbury, with a guide price of £6.65m.
In the listing, property consultant Fisher German said the site included an eight-bedroom farmhouse, a range of farm buildings along with productive pasture and arable land.
A duchy spokesperson said it was in the process of rebalancing its portfolio so its assets would “deliver the greatest possible social and environmental impact”.
The listing described the property as a “beautifully situated vacant farm” which extends to about 617.40 acres (249.85 hectares).
It said the property could be sold as a whole or in two lots – one being Hill Farm and the other advertised as land at Seed Farm.
The Duchy of Cornwall recently confirmed it would be selling off 20% of its property over the next 10 years so £500m could be invested in local communities, including in affordable housing and environmental projects.
Their property empire spans 128,000 acres in total across 19 counties and is inherited by the heir to the throne.
So Duchy of Cornwall is going to sell approx 22,800 acres of land over the next decade to generate £500 million to invest in socially impactful ways across local communities.
Gonna end up displacing a ton of leasehold farmers who’ve likely farmed that land for generations …. Turning them out when replacement land is unavailable and their way of life sold off for some other positive social impact.
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Finally I can live my dream of buying a 600 acre plot of land😁
He has done nothing to earn this land or the previous generations, and the duchy is supposed to be pass it on forever, how come he have the power to sell the land? What about the 10 generations after him and gets no more land not by their choice?
considering HE doesn’t own it the PoW does and that’s why it is able to be passed down with no inheritance tax how the legal hell is he allowed to sell it and to anyone but the Govt ?