King Charles’ plans for Royal Lodge after he finally kicks out Prince Andrew revealed – and it will make him a FORTUNE
KING Charles wants to rent out disgraced brother Prince Andrew’s Royal Lodge home for £1million a year when he finally leaves, we can reveal.
The monarch is keen to generate commercial revenue from the mansion when he ousts the Duke of York who is refusing to budge, it is understood.
Charles is keen to generate commercial revenue from the mansion when he ousts the Duke of York who is refusing to budge, it is understood[/caption] An insider said: ‘It makes sense for Royal Lodge to be handed back to Crown Estates’[/caption]Andrew has rejected other homes offered and is relying on his “cast-iron lease”, which includes a proviso the dilapidated £30million lodge in Windsor Great Park is kept in good order.
But sources believe Charles will get Andy to leave.
He could even cut off the £4million a year he pays to keep him afloat.
An insider said: “It makes sense for Royal Lodge to be handed back to Crown Estates, which can pay for the much-needed repairs and renovations.
“It could then be rented to earn money for them, the King’s coffers and the country rather than being a drain on everyone’s resources.”
A property expert said: “Rental of £1million a year is not far-fetched for a house of that size with incredible royal connections.”
A spokesman for the King declined to comment.