The reporter has omitted mentioning all the money Andrew paid up front. From Wikipedia:In August 2003, Prince Andrew, Duke of York was granted a lease agreement by the Crown Estate for 75 years. The property leased included Royal Lodge, a Gardener's Cottage, the Chapel Lodge, six Lodge Cottages, and police security accommodation in addition to 40 hectares of land. The lease agreement required Prince Andrew to carry out, at his own expense, refurbishments under-estimated at £7.5 million at September 2002 prices, excluding VAT. Wikipedia's source is:"The Crown Estate – Property Leases with the Royal Family".

Source: Daily Mail May 06, 2024 03:32 UTC