THE Bantham Estate in South Devon - on the market for £11 million – has been sold.
James Baker of Strutt and Parker Exeter announced the sale of the picturesque village and beach of Bantham – a popular destination for tourists, locals and surfers - which has been owned by the Evans family for more than 100 years.
Mr Baker told the Western Morning News: “On behalf of the Directors of Evans Estates we, Strutt & Parker and Michelmore Hughes, have agreed a sale of the whole of the Bantham Estate (subject to contract) to a family who will continue to manage and conserve the Estate in the same manner as our clients have done for the next 100 years.”
The sale of the estate has been hugely controversial, with many of the tenants of the village worried that the character of the village would change.
The National Trust had launched an appeal to raise the cash to buy the estate for the benefit of the nation for what it described as a “magical” stretch of the Westcountry coastline.
Rumoured buyers had also included Russian oligarchs and Richard Branson, but in recent weeks the National Trust had also considered purchasing the estate.
The Bantham estate officially went on the market in April this year.