Prince George to inherit party town Newquay estate from William
Prince George to inherit Newquay estate from William

Prince George will one day inherit a property currently owned by Prince William that doubles as one of Britain's most popular party towns, thanks to a royal rule dating back to the reign of King Edward III.

The Nansledan Estate, operated by the Duchy of Cornwall, will eventually become an extension to the Cornish coastal town of Newquay. The Duchy of Cornwall is a private estate established by King Edward III in 1337 for his son, Edward, the Black Prince. At the time, a charter stipulated that each future Duke of Cornwall would be the eldest surviving son of the monarch and heir to the throne.

Inheritance and the Duchy of Cornwall

In the years to come, Prince George, second in line to the throne, will take over the job from his father and inherit the estate, which spans 135,000 acres.

When he was still the Prince of Wales, King Charles worked with the Duchy of Cornwall for many years, but those responsibilities have now been passed on to Prince William following his assumption of the title of Prince of Wales. King Charles has long been training his eldest son for his new role as the Prince of Wales and what his role within the Duchy of Cornwall estate will involve.

Prince William's plans for the estate

Asked about his plans for the estate in an ITV documentary in 2019, Prince William said: "I've started to think about how I will inherit the Duchy one day and what I will do with it. I think it's really important, about the family angle, I really do."

Speaking in reaction to Prince William's comments, King Charles said: "When I saw it, I couldn't believe it. I was deeply touched and moved by what he said. Frankly, it reduced me to tears."

Newquay's party reputation and estate rules

While the most famous development owned by the Duchy of Cornwall is the Poundbury Estate in Dorset, the Cornish Nansledan Estate is set in an area renowned for partying. As with many private estates, it will come with strict rules, including no visible washing lines or bins and no individual satellite dishes.

Newquay, the Cornish town where the estate is, is famous for being one of Britain's foremost party towns and is constantly ranked as a top location for stag dos and hen parties. The town was ranked seventh in the UK for stag dos in 2018, according to Cornwall Live, due to its bars and restaurants, as well as the low cost of beer.

As the land is the property of the Duchy of Cornwall, Prince William now owns several of the homes in the town. It is thought the project could take up to 40 years to complete, and if you decide to live there, you will have to follow several key rules. These restrictions include not making unnecessary noise, having loud arguments, or slamming doors.