Press Release
THE CROWN ESTATE BUYS THE TABLEY ESTATE FROM THE UNIVERSITY OF MANCHESTER
19 July 2007
The Crown Estate has today announced the purchase of the historic Tabley estate in Knutsford, Cheshire, from The University of Manchester.
The Tabley estate is an extensive agricultural, residential and sporting estate in north east Cheshire which extends to 1,460 hectares (3,608 acres).
Tabley House and grounds, a Grade I listed mansion with 26 acres of Grade II listed parkland, will remain in the ownership of the university until its future status has been determined by the university.
The Tabley estate comprises 18 equipped farms, a further 18 lettings of farmland, three land parcels let as grazing, 52 residential properties, 13 commercial leases, the Cheshire Showground and a number of sporting agreements providing rights for shooting, fishing and boating.
Christopher Bourchier, Director of Rural Estates at The Crown Estate, said: “The Tabley estate represents a unique opportunity to add to our rural estate holdings and the acquisition underlines The Crown Estate’s commitment to remain a major rural land owner. We are committed to working closely with existing tenants and the local community to secure a strong and vibrant future for the estate.”
Diana Hampson, Director of Estates at The University of Manchester, said: “The University of Manchester is delighted that the Tabley estate has been acquired by The Crown Estate. We believe that the sale to such an experienced and major rural land owner offers the best opportunity to secure the long term future and integrity of the estate.”
Smiths Gore and Eversheds advised The University of Manchester on the sale.
Carter Jonas and Burgess Salmon advised The Crown Estate on the acquisition.
Further Information
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