The £16m village of Trevalga has been sold to a division of the William Pears Group.
William Pears Group.In a brief statement on behalf of the trustees, estate agents Savills which handled the sale told ITV News: “The trustees of the Gerald Curgenven Will Trust confirm the sale of the Estate of the Manor of Trevalga in North Cornwall to Castle Lane Securities Ltd, which is part of the William Pears Group.”
The sale of the 1,199-acre estate sparked controversy last summer when it went on the market for the second time in a decade.Dubbed "The Battle for Trevalga," tenants in the tiny village near Boscastle had raised concerns about what the sale would mean for their rented homes. Cornwall Councillor for the Boscastle and Camelford area Barry Jordan told ITV News he wants to know more details about the new owner's plans for Trevalga.
Many of the homes are let on assured short-hold tenancies, with some families having lived in the hamlet for generations.
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