In a coup for Strutt & Parker and small Devon agency Michelmore Hughes, the much-publicised Bantham Estate has been sold in accordance with the wishes of its owners and, unusually, its existing residents.
The estate won substantial publicity in the spring because residents in the 21 homes on the estate - along with conservation and other groups - wanted the entire estate to remain as one. This includes the residential element, 716 acres, two main boat houses, a harbour and an 18-hole golf course, on sale for OIEO £11.5m.
Together they are considered to be one of the most uniquely diverse and unspoilt villages in the UK. But it was feared that there may be no single buyer willing to take on the entire offer, and to manage it as now.
However, the two agents have secured a deal with Nicholas Johnston who already owns the Great Tew Estate in Oxfordshire.
Johnston's statement says:I am delighted to have agreed and concluded the purchase of the beautiful Bantham Estate in Devon. I would hope that our existing Estate at Great Tew in Oxfordshire and the long term, coherent and considerate management of this equally beautiful village, farmland and landscape would reassure those genuinely concerned about the future of Bantham. We look forward to bringing another long period of family ownership to this unique estate.
Comments
Great to hear that this estate will remain as one and keep its character!