Overview
- Multiple outlets cite a rental brochure showing the East Wing stable block at Bagshot Park advertised as office space for £10,834 per month, totaling about £130,000 a year.
- The Grade II listed, two‑storey, 6,667 sq ft building was marketed with modern office facilities and extensive parking, with previous commercial tenants including pharmaceutical firms.
- A royal source says the unit has no current tenant and is not on the market, with reports that the last occupant left in October and the space was withdrawn around December for refurbishment ahead of a planned summer re‑listing.
- Critics, including former minister Norman Baker, argue any receipts from the Crown Estate property should flow to the Treasury, sharpening questions over who benefits from such sublets.
- Background records report Prince Edward’s lease was extended in 2007 via a £5 million upfront payment that left Bagshot Park on a nominal peppercorn rent, a practice now under heightened scrutiny by the Public Accounts Committee.