A dispute surrounding the will of the late lord of the manor has concluded with the sale of Trevalga, a medieval hamlet in Cornwall, according to information provided by a local councillor to the BBC.
The hamlet, located between Tintagel and Boscastle, was reportedly sold for an estimated £16 million. Gerald Curgenven, the previous owner, bequeathed the property to a trust upon his death in 1959, with the intention that the profits would benefit his school in Wiltshire.
Concerns were raised by residents who argued that the sale of the manor house, six farms, and 17 homes would contradict Curgenven’s dying wishes, leading to fears of potential eviction. The estate’s sale has now been confirmed by property agent Savills to Castle Lane Securities Ltd, a subsidiary of the William Pears Group (WPG).
While the exact sale price has not been disclosed publicly, Barry Jordan, a Conservative councillor for Camelford and Boscastle, estimated the sale to be just under £16 million. The BBC has sought comment from the William Pears Group regarding the sale.
Mr Jordan said:
“[The residents’] concerns always have been that someone’s going to come in and redevelop it and ruin it.
The tenants, the residents need to know they’re not going to be kicked out.”